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Aging in America, Part Five :: California - A Case in Point

By William E. Kelly | Jul 25
Received wisdom is that California is a bellwether for the rest of the nation. What does that mean when it comes to the economic and political ramifications of our aging population?

Average US Rate on 30-Year Mortgage Falls to 4.04 Percent

Jul 24
Average long-term U.S. mortgage rates fell this week, retreating from highs for the year and amplifying the incentive for prospective home buyers.

Apartment Construction Drives US Homebuilding Surge in June

By Josh Boak | Jul 21
U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters

Taking Stock of China's Crash: How US Investors are Affected

By Stan Choe | Jul 20
It's tempting to think of China's stock market crash this summer as just a faraway problem. It's not. If you have a 401(k) or IRA, odds are good that you have at least a sliver of your savings in Chinese companies.

Average US Rate on 30-Year Mortgage Rises to 4.09 Percent

Jul 19
Average long-term U.S. mortgage rates rose this week, reaching highs for the year as investor anxiety over economic turbulence abroad moderated.

Google Shareholders Revel at Biggest Windfall in US History

By Michael Liedtke, Marley Jay | Jul 18
Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

The Fed Teases Interest Rates Hikes; What's Your Move?

By Alex Veiga | Jul 17
It's no longer a matter of if, but when. The interest rate on everything from credit cards to adjustable-rate mortgages could soon be headed higher.

Mouse Infestation? A Look Back at Florida Before Disney

Jul 15
Watch Mike Wallace's 60 Minutes report from 1972 to see the Florida that existed before Mickey and millions of tourists descended on Orlando and permanently changed the culture and economics of the state.

Clinton Makes Boosting Wages Central to her Economic Plan

By Ken Thomas | Jul 14
Hillary Rodham Clinton will make boosting middle class incomes and wages the focus of her economic agenda, pointing to stagnant paychecks as the central challenge facing the U.S. economy.

Chinese Stocks vs. Reality: Shares are Untethered to Economy

By Paul Wiseman | Jul 13
When China's economy was roaring along at double digit rates in the 2000s, Chinese stocks floundered. But starting in the summer of 2014, as evidence of an economic slowdown gathered, the Shanghai Composite index climbed nearly 150 percent.

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