City moves ahead to garner money for affordable housing

In the latest legislative session, Olympia authorized cities and county lawmakers to capture a part of already-collected sales tax and keep it. To put toward reasonably priced housing initiatives, lawmakers said, whether those be constructing new housing or contributing to efforts to protect affordable housing that’s already out there. TheContinue Reading

The Fed cut rates for the second time this year

On Wednesday, since July, the Federal Reserve cut interest rates by a quarter percentage point for the second time as concerns grow about a potential worldwide slowdown. The door is left open by the officials for one more rate cut this year if the economic slowdown further, supporting the messageContinue Reading

3 JPMorgan traders indicted in alleged pricing scheme

US Department of Justice charged 3 JPMorgan Chase traders in gold and other costly metals with alleged market manipulation. On Monday, the Justice Department said, the alleged conduct spanned eight years.  The government charged Michael Nowak who is a managing director, Gregg Smith who is an executive director and headContinue Reading

Jim Cramer reveals ‘quick and dirty’ Wall Street tricks for buying cloud stocks

On Monday, Jim Cramer revealed ‘quick and dirty’ tricks that investors may use for assessing enterprise software stocks like a Wall Street expert. In recent weeks because of the rotation from secular to cyclical investments high-flying cloud equities have taken double-digit. Thus, the ‘Mad Money’ host warned that it’s timeContinue Reading