HOME SALES QUICKLY FALTER Seldom do existing home sales fall 6.4% in a month, but that was what happened in December. National Association of Realtors economist Laurence Yun called the drop a reflection of “consumer search processes and contract signing activity in previous months when mortgage rates were higher than today,” and noted that the…

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Are you aware of them?      The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive.         If you are 65 or older, your standard deduction is $1,300 larger. Make that $1,600 if you are unmarried. Thanks to the passage of the…

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Welcome: Women make up 47% of the total US labor force and have branched into almost every area of industry from technology to the arts.[1]  They are 56% of all college students for the last 18 years.[2] For almost a decade, women have earned more graduate degrees, both master’s and doctoral degrees, than men[3]. But…

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Why do so many of us delegate financial responsibilities to others?         Many women are in charge of their financial lives, and proudly so. Some have become their own financial captains as a result of life events; others have always steered their own ships. Even so, there are too many women who are left…

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CONSUMER SENTIMENT HITS A 2-YEAR LOW Analysts surveyed by MarketWatch thought the University of Michigan’s preliminary January consumer sentiment index would display a reading of 97.5. Instead, it came in at just 90.7, dropping 7.6 points from its final December mark to its lowest level since October 2016. Richard Curtin, the economist who has long…

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