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U.S. Economy Gets 209,000 New Jobs For July

Jobs

July saw an additional 209,000 new jobs in the economy – the second straight month of strong gains that highlights the energy felt, as it goes into nine years of growth. The Labor Department said the unemployment rate dropped to 4.3% from 4.4%, equaling a 16-year-low first seen in May. However, Americans’ paychecks are still […]

August 6th, 2017 | Posted in Featured,Finance,New | Read More »

Stock Markets Nosedive After Shocking Presidential Results

stock market

As the presidential election outcome was being played out Tuesday evening into Wednesday morning, the financial market took a nose dive. On Monday, investors betted heavily that Democrat Hillary Clinton would be the next president of the U.S. However, Republican Donald Trump earned more votes than polls predicted he would and, because of that, the […]

November 10th, 2016 | Posted in Featured,Finance,New | Read More »

U.S. Drivers Could Have $2 Gas During Summer Season

Gas

U.S. consumers may experience low gas prices during the summer, so long as the refinery maintenance finishes smoothly and crude oil stays cheap. For some people, $2 per gallon is possible… so long as there are no unanticipated issues. AAA doesn’t believe the national average is going to rise above $3 a gallon for the […]

April 6th, 2015 | Posted in Featured,Finance,New | Read More »

Oil Prices Drop Again Amid Government Report

crude oil

Oil futures saw another drop Wednesday on a government report that shows there’s an increase in U.S. oil supplies and a record level of gas production. The U.S. is packed with oil, and record production levels are meeting the increasing imports tide. According to the U.S. Department of Energy, oil stocks saw a 7.26 million […]

December 24th, 2014 | Posted in Featured,Finance,New | Read More »

Oil Prices To See Even More Tempestuous Prices

crude oil

Abdullah Badri, head of Organization of the Petroleum Exporting Countries (OPEC), said the group has not set a target oil price and urged Gulf States to continue with their exploration and production investments. Badri said the U.S. would still be relying on the Middle East for its crude oil for the next few years. He […]

December 15th, 2014 | Posted in Featured,Finance,New | Read More »

Oil Prices Continue To See Downward Slide, Trend Likely To Continue

crude oil

Brent crude dropped more than $1 to hit near $78 a barrel after news that the world’s fourth largest crude importer Japan had gone into a recession. It also dropped after on the West’s energy watchdog’s comments that high oil prices were unlikely to return anytime soon. The possibility of global oil demand picking up […]

November 17th, 2014 | Posted in Featured,Finance,New | Read More »

Oil Prices Continue Downward Trend, OPEC To Meet Nov. 27

Oil Price

Despite the fact that North America currently drives the globe’s oil prices, OPEC could be the one that turns things around. Speculation has increased that the Organization of Petroleum Exporting Countries, when it meets on Nov. 27, will reverse the downward trend the market is experiencing and reduce its production of barrels per day. As […]

October 28th, 2014 | Posted in Featured,Finance,New | Read More »

Downed Airliner Could Negatively Impact Gas Pump Prices

It’s not just the pain and anguish of the family members who lost loved ones in the crash of Malaysia Airliner 17 and caused an increase of conflict in Ukraine; it’s also the pain and anguish that could hit the gas pumps. When news broke that the Malaysian Airliner was brought down by a missile, […]

July 21st, 2014 | Posted in Finance,New | Read More »

Citigroup, Inc. To Pay $7B Settlement For Role In 2008 Financial Disaster

Officials and Citigroup, Inc. said in an effort to settle multiple state and federal government investigations, the company will pay $7 billion in consumer relief and cash regarding its sale of substandard mortgage investments during the subprime housing boom. The company is paying the amount as follows: $4 billion in civil fines and $500 million […]

July 14th, 2014 | Posted in Business,Finance,New | Read More »

Bankruptcy Proceedings for Detroit will Go Forward after Judge Ruling

U.S. Federal Judge Steven Rhodes announced on Tuesday that the City of Detroit, Michigan, met all of the criteria required for moving forward with its bankruptcy proceedings. The case will mark U.S. history as the largest city ever to seek relief from debt under Chapter 9 bankruptcy. Over the last four months prior to this […]

December 4th, 2013 | Posted in Finance,New | Read More »

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