Category Archives: Economic News
Brokers’ Choice of America, BCA is committed to keeping you up to date with the major changes that effect our marketplace. What can we say about the last three days except for WOW! Here’s a recap: S&P lowered its rating … Continue reading
Consumers Using More Credit for 8th Month
Americans have been taking on more debt in May and are using their credit cards more for the second time in nearly three years. Kicking up borrowing as the economy begins to slump and hiring is slowing. The Federal Reserve … Continue reading
Americans Redefine their View of Retirement
Today’s pre and post retiree have redefined their definition and view of retirement as a result of our countries current long winded economic “recession”. The new outlook – about 54% now view retirement as a new chapter in life. Retirement, … Continue reading
New Research from EBRI
Between 4–14% More U.S. Households “At Risk” of Running Short of Money in Retirement Due to 2008–2009 Recession WASHINGTON—Depending largely on age and income, between 4 percent and 14 percent of Americans who otherwise would have had adequate income to … Continue reading
What’s coming for the Unemployed and the Economy?
There are a vast amount of people currently receiving unemployment benefits, and it’s been a good thing because many of these people have been unable to find employment. It is estimated that close to $2 out of every $10 dollars … Continue reading
