Move Over Toyota: VW Leads Global Sales for 2015

download.jpeg

  Move Over Toyota: VW Leads Global Sales for 2015 By Burt Carey   German automaker Volkswagen surpassed Toyota in the first six months of 2015, selling 5.04 million vehicles to become the world’s top carmaker by sales. Industry analysts are weary, however, facing an unsure market in China, where economic struggles and a faltering […]

GoPro’s Appeal Goes Global

download.png

  GoPro’s Appeal Goes Global By Burt Carey   They’re the fun little cameras used by scuba divers, bicycle riders, sky divers and other outdoor enthusiasts who want personalized video of their exploits. And after becoming a publicly traded company on the NASDAQ exchange just one year ago, the company is expanding sales in overseas […]

Fed Chair Yellen Takes Interest Rate Talk to Congress

images-3.jpeg

  Fed Chair Yellen Takes Interest Rate Talk to Congress By Burt Carey   Federal Reserve Chairwoman Janet Yellen goes before Congress later this week to present the semi-annual Monetary Policy Report. Given her comments to the City Club of Cleveland last week, her message to lawmakers will be clear: Expect the Fed to raise […]

When It Comes to Retirement, Mom Had it Right

images-5.jpeg

When It Comes to Retirement, Mom Had it Right By Burt Carey   Click onto your favorite search engine and type in the words “retirement calculator” or “saving for retirement,” and you’ll get some amazing results. If you’re like most Americans, you’ll freeze right there because the most striking result is the reality of how […]

Housing Sales Increase but Questions Remain

sold-606688_640.png

Housing Sales Increase but Questions Remain By Burt Carey   Big bankers and mortgage lenders like Bank of America and Merrill Lynch say changing demographics are fueling a first-time home buyers market in 2015 that may be short-lived. Real estate, it seems, is heating up – at least for value seekers. At the current rate, […]

The Mantle of “Living” Moves On

download.png

  The Mantle of “Living” Moves On ~ Amy Lignor Ask anyone out there – from architects to designers to consumers – what name is most associated with the world of décor and home lifestyles, and they will nine times out of ten say: Martha Stewart. Even when this woman with the slightly ‘gooey’ tone […]

Supreme Court Raisin Decision Could Affect Market

Chardonnay_raisin_cherves.jpg

  Supreme Court Raisin Decision Could Affect Market By Burt Carey   By an 8-1 vote, the U.S. Supreme Court this week found in favor of a family of California raisin farmers, ruling that the Fifth Amendment’s Taking Clause applies to personal property just as it does real estate. At issue were the actions of […]

Researchers: Private Wealth Continues To Grow

Victor_Dubreuil_-_Money_to_Burn_oil_on_canvas_1893.jpg

Researchers: Private Wealth Continues To Grow By Burt Carey   Rising stock markets and real estate helped the United States add a half million people to the list of millionaires in 2014, and globally the number of millionaires spiked sharply upward, according to new research released by the Boston Consulting Group this week. The total […]

Are Hospitals Charging Patients Too Much?

images.png

  Are Hospitals Charging Patients Too Much? By Burt Carey   Media headlines this week called out 50 specific hospitals for price-gouging after a study revealed their published charge rates are up to 10 times the amount allowed by Medicare. The stories stemmed from a report in the June edition of the journal Health Affairs […]

Cost of Renting Outpaces Growth in Home Prices

Beach-house-Roadtrekin.com-Florida.jpg

Cost of Renting Outpaces Growth in Home Prices By Burt Carey   With the U.S. Census Bureau reporting that home ownership has slipped to the lowest rate in 20 years, the number of families opting to rent homes has increased, and so have rental prices, according to Web portal real estate estimator Zillow. The Census […]