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August 12, 2021
“Welcome improvement is seen with the new jobless claims numbers, essentially in line with expectations,” Mark Hamrick, senior economic analyst at Bankrate, said.
August 11, 2021
Here’s a breakdown of what may happen if the Senate fails to suspend or increase the debt ceiling in September.
July 23, 2021
By Will Althoff Jul 22, 2021 A rise in initial unemployment claims is not what experts expected. The Labor Department reporting initial claims jumped to 419-thousand last week ... a drop to around 340-thousand was expected. Bankrate.coms Mark Hamrick says its too early to say the rise is related to a spike in COVID cases. Hamrick says Floridas increase wasnt as dramatic as some states. There were 88-hundred initial claims in Florida last week compared to 58-thousand in California and 22-thousa...
July 23, 2021
By Will Althoff Jul 22, 2021 A rise in initial unemployment claims is not what experts expected. The Labor Department reporting initial claims jumped to 419-thousand last week ... a drop to around 340-thousand was expected. Bankrate.coms Mark Hamrick says its too early to say the rise is related to a spike in COVID cases. Hamrick says Floridas increase wasnt as dramatic as some states. There were 88-hundred initial claims in Florida last week compared to 58-thousand in California and 22-thousa...
July 16, 2021
North Carolina had last week its first weekly increase in initial unemployment-insurance benefit claims since early April, the U.S. Labor Department reported Thursday. North Carolina had 5,083 claims for the week that ended July 10, compared with a revised 4,879 the previous week. The state was 23rd in the nation in the number of unemployment filings, up two spots from last week. By comparison, the stateâs highest weekly total for claims related to the COVID-19 pandemic has been 172,745 fo...
July 16, 2021
By Josh See Jul 15, 2021 Its Jimmys final show before his annual beach vacation! On todays show Jimmy talks to Mark Hamrick from Bank Rate about the recent jobs report and also inflation across the country (you can view some of his work here https://www.bankrate.com/authors/mark-hamrick/). Jimmy talks more on inflation and how we can prepare for it. Jimmy also talks to CPA Bill Denby on more about how the rise in inflation will effect your kids, your money, and your investments. Jimmy also t...
July 16, 2021
Jobless Claims Hit Pandemic Low of 360,000. Is the Economy Making Progress? There are more than 13.8 million Americans on some form of unemployment benefit as of June 26, major progress compared to the 30.6 million on some form of jobless aid during the same time last year. First-time claims for unemployment benefits fell to a new pandemic-era low last week, according to data released Thursday by the Labor Department. For the week ending July 10, seasonally adjusted initial claims for unemploym...
July 11, 2021
SHERRY SLATER | The Journal Gazette Cryptocurrencies might sound like something dreamed up to describe how Harry Potter paid his Hogwarts tuition, but they are very real. Well, sort of real. You cant hold them in your hand like you can a nickel or a dime. And you cant spend them just anywhere. Think of them like airline miles. If you earn airline miles, you own something of value that you can exchange for something else of value – an airline ticket. Or you might exchange hotel rewards for a...
July 3, 2021
Jul 2, 2021 5:42 PM EDT The U.S. economy is awakening from a coma. That was the analogy used by more than one economist who spoke with the PBS NewsHour about the uptick in consumer prices that Americans have experienced over the past few months — one year after the coronavirus pandemic brought the economy to a grinding halt. The prices of goods and services in the U.S. rose by 5 percent in May from the previous year, marking the highest inflation rate recorde...
June 30, 2021
Survey: Expect the S&P 500 to push nearly 9% higher over the next year, say market experts Bankrate 20 hrs ago © blackred/Getty Images A picture of a stock chart and exchange data For a third straight quarter, experts believe the stock market will continue to rise over the coming year, according to a new survey from Bankrate. The Second-Quarter Market Mavens survey revealed that analysts are projecting a 8.7 percent gain in the Standard & Poors 500 Index (S&P 500) over the coming 12 months...