QE3 Announced and What It Means For You

[Update – Fed Undertakes QE3] The Federal Reserve has confirmed market expectations of a new round of quantitative easing, known as QE3. The new round of easing will be done by expanding its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month. The focus, …

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Payroll Tax Credit and Unemployment Insurance Benefits Extension

See updated details on the potential 2020 payroll tax cut [Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday through the end of the year without demanding spending cuts …

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US Real GDP By State and Per Capita Income Comparison

The US Bureau of Economic Analysis has released the 2010 Gross Domestic Product (GDP) figures which showed a 2.6% average increase across the nation. As the graphic below shows 48 states and Washington DC experienced real GDP growth, led by the eastern seaboard states. Texas, North Dakota and Oregon were …

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Selling Your Gold For Cash – How, Where and Beware

With gold prices rolling past record highs on a regular basis, a number market pundits feel that we are entering a gold bubble.  Like the housing and financial bubbles many have gotten swept away with the lure of easy money, only to coming crashing to earth when the bubble pops. …

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