Finance
Unexpected one-month increase shown with the trade deficit widening
The Commerce Department reported a rise in the U.S. trade deficit in June on Wednesday causing Wall Street to freak out. $ 7.9 billion was how much in June the trade deficit widened. Stocks immediately went down. Analysts thought the U.S. economic recovery had slowed last quarter more than it really did. Because the trade ...
Default has made FHA loans for mortgages harder to come by
In 2007, the housing crisis happened making Federal Housing Administration mortgages possible to receive. To keep mortgage lending from stopping totally, the FHA helped people get loans. A third of the mortgage market has been surviving off FHA mortgages. Now those loans are the ones with more risk and delinquencies. There aren't as many ...
With just pennies at a time, an online credit card scam took millions
An online credit card scam that stole millions, with just pennies at a time, was halted by the U.S. Federal Trade Commission. The online credit card scam used a lot of fake companies to steal small amounts of money that went undetected by consumers or fraud detectors. Over the last four years, more than a ...
Reduce debt by carefully preparing debt consolidation loans
To simplify your debt, debt consolidation loans work. But it’s only the first step on your way to debt relief. Without changing your spending habits, a consolidation loan is trying to borrow your way away from debt, which makes no sense. Debt consolidation makes sense if your interest rate is lower after grouping all your ...
Today’s IPO stars: Calix, MaxLinear, First Interstate
When a company has an original public offering, Wall Street tends to view very carefully. Three very different inital public offerings today have gone well. First Interstate BancSystem, MaxLinear, and Calix Networks all outperformed expectations. Calix and MaxLinear are both companies focused on internet infrastructure and are doing very well on the talk of the ...
