Category Archives: News You Can Use

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MarketWatch: Dow reclaims 25,000 mark, Nasdaq ends at record as earnings get under way

Posted on by Phil Querin

Published: July 13, 2018 5:01 p.m. ET Financials retreat after bank earnings By SUECHANG MARKETS REPORTER  |   RYAN VLASTELICA  MARKETS REPORTER The Dow on Friday reclaimed its perch above the 25,000 level for the first time in nearly a month while the technology-powered Nasdaq to a record, underlining an uptrend that has been driven by signs of […]

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Posted in News You Can Use

MtgProf: Home Ownership Is Not For Everyone

Posted on by Phil Querin

The homeownership rate has been increasing recently following more than 10 years of decline.  According to the US Census, the rate peaked in the first quarter of 2005 at 69.1%, then declined to a low of 62.9% in the second quarter of 2016. It has been creeping up since then, reaching 64.2% in the first […]

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Posted in Miscellany, News You Can Use, Realtor Risk Management

Calculated Risk: CPI increased 0.1% in June, Core CPI increased 0.2%

Posted on by Phil Querin

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.9 percent before seasonal adjustment. The indexes for shelter, gasoline, and food all rose […]

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Posted in Economic News, Miscellany, News You Can Use

MarketWatch:Dow reclaims 25,000 mark, Nasdaq ends at record as earnings get under way

Posted on by Phil Querin

Published: July 13, 2018 5:01 p.m. ET Financials retreat after bank earnings By SUE CHANG  MARKETS REPORTER By RYAN VLASTELICA MARKETS REPORTER The Dow on Friday reclaimed its perch above the 25,000 level for the first time in nearly a month while the technology-powered Nasdaq to a record, underlining an uptrend that has been driven by signs of economic strength […]

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Posted in Miscellany, News You Can Use | Tagged

Housing Wire: FOMC minutes reveal Fed not concerned by growing global economic disruptions

Posted on by Phil Querin

Expects to continue raising rates in near future July 5, 2018  Kelsey Ramírez The Federal Open Market Committee released the minutes from its June meeting Thursday, where the committee elected to raise interest rates for the second time in 2018. The minutes showed the Federal Reserve is not concerned about the rising threat of a trade war or other economic […]

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Posted in Economic News, Miscellany, News You Can Use | Tagged ,

Forbes: How The June Jobs Report Could Affect Your Finances

Posted on by Phil Querin

JUL 7, 2018 @ 12:12 PM 233 How The June Jobs Report Could Affect Your Finances Teresa Ghilarducci , CONTRIBUTOR  I am an economics professor focusing on retirement security and jobs.  Opinions expressed by Forbes Contributors are their own. The June report was a doozy. If labor markets remain tight and wages don’t increase, profits will soar and that would be good […]

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Posted in Economic News, Miscellany, News You Can Use | Tagged

The Verge: Supreme Court rules that states can collect internet sales tax on online retail purchases

Posted on by Phil Querin

By Dani Deahl@danideahl  Jun 21, 2018, 1:21pm EDT The US Supreme Court has overturned a tax-related ruling from 1992, freeing state and local governments to collect billions in internet sales tax, as reported by Bloomberg. The 1992 ruling from Quill v. North Dakota, focused on mail-order and catalog purchases, requiring that a business must have a physical presence within […]

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Posted in Miscellany, News You Can Use, Tax Issues | Tagged

Fed lifts interest rates and aims for another pair of increases later this year

Posted on by Phil Querin

Published: June 13, 2018 4:01 p.m. ET Dot plot shows one Fed VIP switched to more aggressive stance By GREG ROBB SENIOR ECONOMICS | JEFFRY BARTASH REPORTER Reuters Federal Reserve Chairman Jerome Powell will hold a press conference at 2:30 p.m. The Federal Reserve on Wednesday raised a key U.S. interest rate and signaled a somewhat […]

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Posted in Miscellany, News You Can Use

FHFA Announces Maximum Conforming Loan Limits for 2018

Posted on by Phil Querin

Fannie Mae and Freddie Mac Baseline Limit Will Increase to $453,100 FOR IMMEDIATE RELEASE 11/28/2017 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for […]

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Posted in News You Can Use | Tagged

PBJ: How Oregon Works: Staffing experts talk in-demand jobs, and the most-valued skills

Posted on by Phil Querin

By Andy Giegerich  – Digital Managing Editor, Portland Business Journal Oregon’s employment landscape is shifting dramatically. Unemployment is at a record low, and a technological revolution is rendering some jobs obsolete and creating entirely new positions that demand specialized training. It’s a treacherous environment to navigate for both employers in need of talent and job seekers […]

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Posted in News You Can Use, Oregon - Economy
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