Category: Economy

0

Target profit falls 16 percent in Q1 as results hit by data breach costs

Target reported a 16 percent drop in first-quarter profit, short of analysts' projections, as the retailer was hit from costs of last year's data brea...
0

U.S. mortgage applications up 0.9 percent on rising interest rates

The average number of mortgage applications in the U.S. climbed 0.9 percent last week amid declining interest rates, according to the report by Mortga...
0

Study: High-speed train could create over 700 jobs for Brevard (FL.) County

All Aboard Florida on Wednesday released an economic impact study indicating that over 700 jobs are expected to be created in Brevard County due to th...
0

Examining the State of Annuities

In the past, as retirement approached, many people were encouraged by their financial advisors and brokers to purchase an annuity in order to achieve ...
0

FCC vote on new net neutrality rule sparks fear of slow and fast service

The Federal Communications Commission voted 3-2 Thursday to take up Chairman Tom Wheeler's controversial plan of allowing Internet providers to charge...
0

U.S. housing starts pick up to 1.07M in April as weather warms

Home building activity rose in April as warmer weather prompted builders to start work on new homes at the fastest rate this year.
0

AAA reports over 36 million to travel on Memorial Day

The second greatest number of travelers since 2000 is expected to hit the roads and take to the skies according to AAA. A winter that kept people indo...
0

A Reader Asks: Will Using Electronic Cigarettes Affect My Insurance Rates?

Under the health law, insurers who sell plans on the individual market can take into account only four factors when determining someone's premium: age...
0

Pinterest Inc. raises $200M in funding; valuation up to $5B

Pinterest Inc. said it raised $200mn in a funding round giving the online scrapbooking startup a valuation of $5bn, higher compared to $3.8bn seven mo...
0

U.S. unemployment claims fall 24K to 297K in week ended May 10

Initial claims for unemployment benefits dropped significantly last week to its lowest level in seven years, evidence of strengthening labor market af...