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Sidewalk Labs Turning Area of Toronto Into Smart City

Sidewalk Labs Turning Area of Toronto Into Smart City

Sidewalk Labs, owned by Alphabet the parent company of Google, focuses on technologies for smart cities, and will build a complete, mixed-use community in Toronto’s eastern waterfront, with the goal of building an area that is livable... 
Consumer Watchdog Wants New Rules for Payday Lenders

Consumer Watchdog Wants New Rules for Payday Lenders

Many of today’s payday lenders might have to shutter their doors if rules this week made by the Consumer Financial Protection Bureau as is are to go into effect. However, the changes are up against strong headwinds from a Congress... 
Employers in U.S. Added 156,000 New Jobs During August

Employers in U.S. Added 156,000 New Jobs During August

Job growth in the United States slowed during August as companies added just 156,000 new jobs, but enough that it suggests most businesses are still confident in the economy nine years after beginning it recovery from the 2008 recession. The... 
Light Vehicle Sales Fall In The United States As SUVs Boom

Light Vehicle Sales Fall In The United States As SUVs Boom

In the month of June sales of light vehicles in the United States fell by 3%. The sales of full-size trucks and sports utility vehicles, however, continued to be strong. Japanese brands such as Nissan, Toyota and Honda also registered... 
Oil Prices Drop To Lowest Prices Since November

Oil Prices Drop To Lowest Prices Since November

And now for a little good news: oil prices fell to a seven-month low, on Tuesday, on the heels of an announcement of higher supply from several important oil producers. This is a trend that has—and will continue to—undermine[d]... 
Jobless Claims May Be Slightly Higher, but Indicate Healthy Growth

Jobless Claims May Be Slightly Higher, but Indicate Healthy Growth

The number of Americans filing for unemployment benefits for the first time rose less than analysts had expected last week; the four-week moving average shows claims fell to a 44-year low. Analysts now say, then, this is quite indicative... 
Oil Prices On The Rise As Supply-Cuts Extension Expected

Oil Prices On The Rise As Supply-Cuts Extension Expected

The price of oil increased on Monday after reports emerged that a supply cut initiated and led by OPEC may be extended. Further, the reports indicated that the supply cuts would be deepened for purposes of tightening the market and... 
US Commerce Chief Comments on Canadian Trade Relations

US Commerce Chief Comments on Canadian Trade Relations

On Saturday, the US Commerce Secretary Wilbur Ross issued a strict message directly to Canadian Prime Minister Justin Trudeau regarding what Ross calls “inappropriate” threats of “retaliatory action” against... 
US Initial Jobless Claims Continue to Fall, Will Fed Raise Interest Rates?

US Initial Jobless Claims Continue to Fall, Will Fed Raise Interest Rates?

First time applications for US jobless benefits fell quite sharply last week, with the number of Americans on unemployment falling to a 17-year low, a marker which indicates a tighter labor market that might result in a federal interest... 
Home Prices Soar in Nearly Two Dozen US Cities, Now Accelerating for Five Consecutive Months

Home Prices Soar in Nearly Two Dozen US Cities, Now Accelerating for Five Consecutive Months

The latest reports show that US home prices increased steadily in February, moving as a result of fewer properties being available to home buyers. Indeed, the Standard & Poors CoreLogic/Case-Shiller index of home prices across... 
Money Conscious Millennials Face Many Obstacles When it Comes to Buying A Home

Money Conscious Millennials Face Many Obstacles When it Comes to Buying A Home

Home ownership is part of the big American Dream for many and this includes the Millennial generation as they leave college and start to forge their own identity in the world.  But even as many Millennials may have their heart set... 
Federal Government Provides $100M To Help End Water Crisis in Flint

Federal Government Provides $100M To Help End Water Crisis in Flint

On Thursday, Michigan Governor Rick Snyder said that his administration will put into action the country’s toughest lead limit for water, obviously after the crisis of the water contamination in Flint. Snyder said that he will gradually... 
Home Prices Jumped more than 5 Percent in October in 20 US Cities

Home Prices Jumped more than 5 Percent in October in 20 US Cities

Home prices in 20 cities across the United States are holding pace this month, continuing increases in October. Overall, the nationwide property value gauge rose by its biggest margin since the middle of 2014. This is according to... 
Will Trump’s Economic Nationalism Help or Hurt Americans?

Will Trump’s Economic Nationalism Help or Hurt Americans?

When Donald Trump began his 2016 presidential campaign he ran under the motto “Make America Great Again.” Part of this “greatness” he is talking about is restoring American economy by improving the job market and industry growth... 
Is It More Likely the Fed Will Keep Interest Rates Low?

Is It More Likely the Fed Will Keep Interest Rates Low?

In 2008, the US Federal Reserve bank lowered short-term interest rates to almost zero, a nearly unprecedented move that has been monitored and scrutinized ever since. Of course, economists and policymakers are now waiting for the financial...