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Latest Blog Posts for FinanceBit

  • Labor Department Reports Drop In Unemployment Stats
    on Oct 18, 2014 in News
    According to the analysts in the Labor Department, there have been considerably fewer claims for unemployment insurance. This is a clearly defined pattern that depicts the country’s steady recover from unemployment crisis, falling to 14 year low. T...
  • Ebola Epidemic In West Africa Threatens With Food Crisis
    on Oct 18, 2014 in News
    Since its outbreak in December 2013, Ebola virus took away what is estimated to be approximately 4,000 lives in West Africa. The locals have to struggle not only with the virus, but with diminishing food supplies and soaring prices. Shrinking economy...
  • Google Falls Short of Estimated Earnings
    on Oct 17, 2014 in News
    Google Inc. reported net income and revenue did not meet the expectations of the corporative analysts by the end of the third quarter. A disappointing pattern that was not made any sweeter by a massive slowdown in paid clicks. Google Inc. shares went...
  • Dow Jones Industrial Average Soars After Much Volatility
    on Oct 17, 2014 in News
    U.S.-listed companies’ stocks spiked up as Dow Jones industrial average rebounded on Thursday after a lot of distress caused by the impact of European debt crisis on the U.S. market. The previous tendency that kept up until a month ago was a contin...
  • Bill Gates Channels Warren Buffett’s Business Essentials
    on Oct 16, 2014 in News
    The friendship between America’s two richest, men Bill Gates and Warren Buffett, is not anything to marvel at. What is surprising is that despite decades of successful business strategies and billions of dollars earned, the Microsoft founder has no...
  • Vehicle Recall Of 1.67M On Toyota And Lexus By Toyota
    on Oct 16, 2014 in News
    Toyota Motor Corp, headquartered in Japan, announced recalling 1.67 million cars of a wide array of Lexus and Toyota models. The move is said to be aimed at nothing but an effort to prevent certain defects from harming the corporate image. The object...
  • National Foreclosure Activity Down by 18.6 percent Since 2013
    on Oct 16, 2014 in News
    Reuters Washington reported on Thursday, October 9, that foreclosure and delinquency rates have improved significantly since June 2006. Reuters analysts pointed out that fewer builds were claimed back by lenders, slowing the national foreclosure acti...
  • Prices For Gasoline In U.S. To Continue Change Downwards As Crude Oil Cheapens
    on Oct 15, 2014 in News
    The second week of October 2014 saw the U.S. oil prices sink to a trough. That did not raise too many eyebrows, though, since the plummeting tendency has been growing in strength during the recent months. On October 12 customers filling up gas were c...
  • Citi Bank’s Withdrawal From 11 Retail Banking Units Worldwide
    on Oct 15, 2014 in News
    Citigroup Inc is attempting to cut costs associated with its big international consumer banking business. According to REUTERS, the bank is withdrawing from retail banking in 11 countries, including Japan and Egypt. The history of Citigroup Inc goes...
  • Debt Settlement Process and Its Effect on Your Credit Score
    on Nov 19, 2011 in Debt Relief debt settlement debts
    Amongst the different debt relief options, debt settlement is considered to be one of the best options as this helps you in paying off debts with lowered debt amount. With debt settlement the best thing that happens is that the outstanding debt amoun...
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