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MARKET TRENDS: Labor Market Firms, Wholesale Inventories Rise
Posted on June 9, 2015

U.S. job openings surged to a record high in April, after a slight decline in March, hinting at a stronger job market in the coming months. The April job openings of 5.4 million were higher than the 5.1 million in March, and market expectations of +5.044 million, said the Labor Department in its monthly Job [...]


MARKET TRENDS: U.S. Consumers Help Ease China's Miserable Export
Posted on June 8, 2015

Exports in the world's second largest economy, China, fell for a third consecutive month in May, despite strong stimulus measures by the government and the Central Bank to boost growth. However, exports to the U.S. rose 7.8% Year-over-Year (YoY) and formed about 18.8% of the total Chinese exports in May, the highest share since August [...]


MARKET TRENDS: Strong Jobs Growth Report Increases Expectations of September Rate Hike
Posted on June 5, 2015

U.S. job growth accelerated sharply in May with Nonfarm Payrolls showing an increase of 280,000, more than economists' expectations of a gain of 225,000 positions. The data, which shows the largest gain since December, indicates that most likely growth is back on track after a slow start to the year and bolsters prospects for a [...]


MARKET TRENDS: Labor Market Firms, Fed Rate Hike Still Uncertain
Posted on June 4, 2015

The job market data released today indicated an improving U.S. employment level. May ended with a positive report on the initial jobless claims, while labor productivity and cost data were negative. Initial jobless claims fell by 8,000 to 276,000 in the week ending on May 30, the Labor Department said on Thursday. The fall in [...]


MARKET TRENDS: Services And Hirings Picks Up, Trade Gap Shrinks
Posted on June 3, 2015

The U.S. service sector expansion eased in May, falling back from a five-month high in April, on weaker non-manufacturing business activity along with new orders and employment, according to data released Wednesday by the Institute for Supply Management (ISM). This was in contrast to a higher than expected rise in the Manufacturing activities reported on [...]


MARKET TRENDS: Factory Orders Slip Against Expectations
Posted on June 3, 2015

New orders for U.S. factory goods slid unexpectedly in April for the eighth time in nine months, with a sharp decrease in demand in the transportation equipment and aircraft. This suggests that the U.S. manufacturers are still battling strong dollar rates and lower business investments in the energy sector, which is struggling with a dip[...]


MARKET TRENDS: Construction, Manufacturing Up, Consumers Still Cautious
Posted on June 1, 2015

Following a series of disappointing economic data, the U.S. economy showed some strength in May as the Manufacturing Index rose higher than expected. U.S. construction spending surged in April to the highest level in nearly 6.5 years, triggered by larger investments in the private sector. Still, the jump in manufacturing and construction spending seems insufficient [...]


MARKET TRENDS: Summary for the Week Beginning June 1, 2015
Posted on May 31, 2015

This week, beginning on Monday, we'll see reports on household consumption expenditures and US manufacturing activities; both of which have remained weak due to a slowing US economy. Low factory orders on moderated manufacturing activities, as opposed to a growing service sector, will follow in the middle of the week. US employment data, including nonfarm [...]


Three Reasons Why You Should Think Twice Before Shopping Your Small Business Loan Request
Posted on May 18, 2015

At Credit Card Builders, we're in the business of helping our clients obtain the most money, with the least interest and, ideally, with no impact on their personal credit. As recent news indicates, we've been very successful in this endeavor. Most of our clients wind up getting $50,000 to $250,000 in zero-percent interest credit cards, [...]


Twenty Checking Accounts Yield 2% or More
Posted on May 11, 2015

Twenty Checking Accounts Yield 2% or More High-Yield Checking Accounts Best for Those Who Bank Online, Use Debit Cards Frequently NEW YORK, May 11, 2015 /PRNewswire/ – Twenty checking accounts offered by U.S. banks and credit unions yield 2% or more, according to Bankrate.com (NYSE: RATE). With the average money fund yielding just 0.01%, these high-yield checking accounts [...]