How to tell if your mortgage is in foreclosure

Mortgage lenders have come under fire from the Federal Reserve for making the announcement earlier this month that it was closing the books on its emergency lending program.But now, some experts are suggesting that some of the key metrics used to gauge the success of the program may be a little off.Here’s what you need […]

The ‘totally’ new American economy in a month: What we learned from January

Jan. 14 marks the first full business day since the global financial crisis and an economic recovery that has largely stalled amid high unemployment.But the most dramatic economic development in a single month in decades occurred in January, with an economy that was still recovering from the depths of the Great Recession but now appears […]

Bolivia’s GDP climbs 2.2% in 2017

Bolivia’s economy expanded 1.2 percent in 2017 to $11.8 billion, the central bank said Tuesday.The country recorded a 6.1 percent expansion in real terms in 2017.GDP per capita increased by 2.8 percent to $24,632 in 2017, up from 2.5 percent in 2016.It recorded a 3.2-percent rise in the purchasing power parity index to 0.8319 in […]

How you can win tomorrow economic stories with our free weekly newsletter

By Chris Bohnberg | Business Insider A day before the Federal Reserve is expected to raise interest rates, CNBC’s John Harwood is predicting a major rally in stock markets.Harwood says that even as the Dow Jones Industrial Average plunged by 7.8 percent to 2,827.50, the S&P 500 rose by 5.7 percent to 1,869.80.It’s a “good […]

Armenia: Bank of Armenia to hold $3.5bn cash on hand to cover its capital shortfall

The Bank of Archerabad will hold $1.5 billion cash on its books to cover the shortfall in its capital stock, Armenia’s economy ministry said on Tuesday.Armenia’s central bank has a $9.7 billion emergency cash cushion.The money will be used to cover capital expenditure, pay down debt, pay dividends and repay debt.The bank said it will […]

How to pay off your mortgage

Money may be tight, but if you’re like most Americans, you have no idea how much you owe.As you head into the holiday season, here’s a look at the average monthly payment you might be expected to make.(Monica Akhtar/The Washington Post) If you have a mortgage, the average mortgage payment in 2017 was $2,906, according […]

Which renewables are most energy efficient?

In the past, there have been two main types of renewable energy sources: clean sources of electricity and clean sources such as water and heat.Both types are becoming increasingly more efficient in the energy market, but in the future there may be more clean sources.The first type of renewables is energy efficiency.This means that the […]