
Economic expansion sets record
This month marks the longest expansion in U.S. economic history. According to the National Bureau of Economic Research, the expansion began in June 2009. Numbers released for July 2019 will show a record 121 months of continuous growth. The expansion featured a downward trend in the unemployment
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The mystery of the murdered economic expansion
Former Federal Reserve Chairman Janet Yellen: "I don’t think economic expansions die of old age." Yellen’s predecessor, Ben Bernanke, in response: "I like to say they get murdered." The "murderers" in the past have been financial imbalances like over-leveraging or the Federal Reserve raising rates
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Buying a home in a flood-prone area? Do some homework first
Texas coastal cities have been hit by numerous flood events over the past 30 years, resulting in billions of dollars in damage. Recently, a reporter with Bankrate.com asked for advice for homebuyers looking to buy in flood-prone areas. The bottom line: a little research in advance can save buye
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In search of Tierra Grande on a Saturday afternoon
”Here’s an idea.” Those three words fill me with two parts excitement and one part trepidation. My boss, Senior Editor David Jones, says this. A lot. He’s an idea guy. David recently Googled “Tierra Grande” and discovered what appeared to be a Census-designated place in Nueces County o
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