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The latest from our blog

International News Moving Markets

Lots of international news moving markets this morning – Italy said on Monday its plans for a sharp increase in public spending would not threaten the EU’s financial stability, in its formal response to Brussels’ strong criticism of its budget plans.  The economy...

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Real Estate Cools

According to the Mortgage Bankers Association total mortgage application volume fell 7.1 percent for the week. Volume was 15 percent lower compared with one year ago. Applications to refinance a home loan fell 9 percent for the week and were 33.5 percent lower than a...

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Oil falls

Target is adding space to its toy business for the holiday season, as it tries to win more toy sales after Toys R Us went out of business earlier this year. (CNBC) US industrial production grew by 0.3% in September. An increase in mining sector activity-which includes...

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A record

Job openings hit a record 7.14 million in August, according to the Job Openings and Labor Turnover Survey. This indicates companies could face inflationary pressures ahead with a tight labor market. The total number of hires also reached a new record of 5.78 million....

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Retail sales lower than expected, but remain healthy

The U.S. Postal Service has proposed a 9 to 12 percent increase in fees for the shipping service used by Amazon (CNBC). Weakness in restaurant receipts weighed on retail sales last month, which fell 0.1% from August, well below consensus estimates for a 0.6% increase....

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Generally positive bank results

For retail investors who are rattled by the upcoming midterm elections. Since 1946, a year after every single midterm election the S&P 500 has been higher. That is 18 for 18. (LPL) Banks kicked off their third-quarter earnings season Friday with mostly well-received...

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