One of the unfortunate characteristics of many successful businessmen is that they tend to believe that their business acumen gives them some insight into the workings of the economy and …
Money
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Money
Nobel Prize-Winning Economist Thinks Housing Market Has Been Overheated Since 2012, Sees No Bubble
Economist Robert Shiller, the 2013 winner of the Nobel Memorial Prize in Economics, recently stated that he believed that while the housing market has been overheated since 2012 he doesn’t …
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In news that could make the Equifax breach look minor, a little-known Florida company with records on just about every American consumer has had its data breached. Exactis, a Florida-based …
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At the beginning of June, the Federal Reserve announced that the net worth of US households had risen to over $100 trillion for the first time ever, as investments skyrocketed …
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The 2008 housing bubble and ensuing financial crisis and Great Recession of 2009 were unprecedented global events that completely changed the world, yet despite this most people do not understand …
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We’re already seeing signs that the tariff war started by President Trump is claiming its first victims. Famed American motorcycle maker Harley Davidson has stated that it will shift part …
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If there’s one emotion that dominates any other in political discourse today, it’s envy. It’s important to distinguish between envy and jealousy. Jealousy is the state of being jealous, concerned …
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Swedish automaker Volvo has officially opened its first factory in the United States. The plant, in South Carolina, will begin producing cars this fall. Volvo, which is now owned by …
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In yet another sign of how mighty American corporations are going by the wayside, American conglomerate General Electric (GE) was just recently kicked out of the Dow Jones Industrial Index. …
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Another New York City cab driver took his own life recently, the sixth cabbie in eight months to do so. In response, the New York Taxi Workers Alliance is blaming …