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December 28th, 2012

203K Loans For Buying Property Or Home Improvement: Knowing The Basics

(George Sterling) - 203K loans are popular as they allow individuals to borrow financial funds for improvement as well as ownership of a house by only taking one loan. 203K loans are issued by the Federal Housing Administration. 203K Loans typically come with a lower interest rate. Moreover, the terms of paying back the loan varies from 15-30 [...]

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November 28th, 2012

Factors That Affect Gold Prices: Useful Considerations For Online Traders

(George Sterling) - Buying gold and investing in it are two different things and according to experts, the latter makes a more viable choice than the former. While investing in gold, you should have complete understanding of the factors that influence gold prices in order to maximize gains and minimize losses. Today, I am going to discuss some [...]

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November 7th, 2012

Re-Elected U.S President To Tackle Big Fiscal Cliff Issue

(George Sterling) - The United States Presidential elections concluded last night but the new and re-elected President of the country has to deal with a big challenge right away: the challenge of “fiscal cliff”, which is a combination of both, tax hikes and budget spending cuts to save $600 billion from the U.S economy. The ‘fiscal cliff’ issue [...]

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November 5th, 2012

Gas Prices Drop To Their Lowest In Almost Four Years

(George Sterling) - According to a new survey that was released on Sunday, gas prices have dropped to their lowest value in nearly four years. According to the survey, the average price of gasoline per gallon in the United States is currently at its lowest price since the financial recession struck the world economy in 2008. The survey [...]

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October 29th, 2012

World Stock Markets Decline As Investors’ Focus Changes

(George Sterling) - On Monday, world stock markets dropped, as investors’ changed their focus from strong economic growth in the United States economy during the 3rd quarter of the year to the depressed state of corporate earnings across the world. However, due to the Hurricane Sandy, analysts and experts expected stock markets to perform lower and overall activity [...]

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October 23rd, 2012

US Corporate Earnings Shatter Investors’ Confidence: World Stocks Fall

(George Sterling) - On Tuesday, world stock markets dropped after United States corporate earnings shattered investors’ confidence. A week ago, investors were positive about the global economy, as well as the largest economy, but disappointing corporate earnings have worried investors yet again. Amongst the stocks that were affected globally included the FTSE 100 index of Britain, which dropped [...]

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October 17th, 2012

US Earnings Report Sends Asian Shares Higher

(George Sterling) - On Wednesday, positive United States earnings report sent Asian shares higher, allowing them to reach their highest value in more than five months. On the other hand, since Spain was able to retain an investment grade debt rating, the euro also increased in value, hitting a 30 day high in contrast to the US dollar [...]

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October 12th, 2012

JPMorgan Reports Record Profit

(George Sterling) - The largest bank in the United States, JPMorgan Chase & Co reported record 3rd quarter profit earnings due to a big surge in home loans. According to the bank’s officially released statement, the total net income generated in the third quarter was $5.71 billion, which in terms of share value is a $1.40 per share [...]

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October 5th, 2012

US Jobless Rate Drops To 44-Month Low

(George Sterling) - United States’ unemployment rate dropped to 7.8 percent in the past month, hitting a 44 month low. The jobless rate of the economy has dropped below 8 percent in almost four years. The fact that the U.S unemployment rate has dropped would help boost Obama’s election campaign as well. According to the Labor Department, the [...]

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September 24th, 2012

European Shares Tumble Amid High Uncertainty In Euro Zone

(George Sterling) - After the markets opened on Monday, European shares as well as the euro tumbled due to accelerating uncertainty in the euro zone. Last week, investors’ were optimistic after some of the biggest central banks announced plans of monetary expansion to boost the economy. However, after the market opened today, investors were more concerned about the [...]

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