The ranks of 401(k) and IRA millionaires again hit a record high in the second quarter at Fidelity Investments after stocks fully recovered from their losses suffered at the end of 2018.
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Author Archives: Joe
Crippling unemployment: The 50 counties hit hardest by joblessness
The United States is in an unprecedented period of employment growth, gaining jobs for over 100 straight months. As the number of Americans working has increased, the unemployment rate has shrunk, down to 3.8% in June 2019, close to its lowest point in decades.
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Mortgage demand falls as interest rates flatten
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.
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Brisbane Airport’s new runway months away from being finished
Driving down the streets of Ascot in Brisbane, where tree-lined streets shade the suburb’s sprawling heritage mansions and trendy cafes buzz with young, wealthy families, there’s one thing that immediately sticks out — it’s quiet.
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Dynamics of the ‘golden triangle’
Experts from New Zealand’s largest full-service real estate agency have produced the first in a series of reports examining the impact of infrastructure development on the commercial and industrial market.
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Alberta faces ‘mild recession in 2019’ due largely to pipeline uncertainty, Conference Board forecasts
The Conference Board of Canada now predicts that Alberta’s economy will shrink by 0.8 per cent this year, in large part due to uncertainty regarding pipelines.
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Short-term rental hosts in Edmonton could soon need a business licence
The city’s urban planning committee voted Tuesday in favour of creating a business licence bylaw for short-term rental hosts in Edmonton.
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Calls for Bank of Canada rate cuts gain momentum if ‘things turn ugly’
More economists are coming around to the view the Bank of Canada will have to cut rates this year, with a move as early as September looking increasingly possible.
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Alberta manufacturing sales fall in June
Following five consecutive months of increases, manufacturing sales in Alberta fell 6.5 per cent in June to $6.5 billion, according to Statistics Canada.
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Sylvan Lake touts strong building permit numbers
Town officials say building permit numbers are proof of strong, steady growth for Sylvan Lake.
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