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Facebook F8 Conference Gets Underway Today

Posted On March 25, 2015

(San Francisco, CA) -- Facebook's annual F8 developer conference gets underway today in San Francisco. Over the next couple days, Facebook is expected to talk about plans for Instagram and its messenger app. Founder and CEO Mark Zuckerberg will give the keynote address tonight.

Durable Goods Orders Down In February

Posted On March 25, 2015

(Undated) -- Orders for durable goods are lower than expected, which could indicate that slow global growth could be affecting American manufacturers. The Commerce Department released February's figures today showing a decline in orders of more than one percent. Economists had predicted a slight increase in orders. The numbers highlight lower demand for American products…

Atlantic City’s Financials Hold Little Hope

Posted On March 25, 2015

(Atlantic City, NJ) -- An interim report by Atlantic City's emergency managers finds the one-time boardwalk empire facing a multitude of financial hardships, including a 101-million dollar budget gap, 400-million in debt and a property tax rate that plummeted 64-percent over the last five years. The report calls for layoffs of hundreds of city workers…

Mortgage Applications Rise

Posted On March 25, 2015

(Undated) -- Mortgage applications are on the rise with interest rates falling. The Mortgage Bankers Association says its index of home purchase demand rose nine and-a-half percent last week. The industry group believes potential home buyers were taking advantage of the lowest interest rates since February.

Middle Class Shrinking In Every State, Survey Finds

Posted On March 25, 2015

(Undated) -- The American middle class is shrinking. A new survey of each state by the Pew Charitable Trusts reports barely more than half the households in the United States are now counted as middle class. Pew researchers say only 51-percent of households were middle class in 2013, compared to 61-percent in 1970. But the…