With U.S. Economy Improving, Yellen Pushes for Interest Rate Increase

With U.S. Economy Improving, Yellen Pushes for Interest Rate Increase

Federal Reserve Chair, Janet Yellen, continues to push for an interest-rate increase this year because of the improvement in the U.S. economy. Yellen stated, “I expect that it will be appropriate at some point this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy.” This would be the first rate increase in almost a decade

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Booming Cities in the Asia Pacific Region Make Up 20% of Global GDP

Booming Cities in the Asia Pacific Region Make Up 20% of Global GDP

The 100 largest metropolitan centers across the West Coast of the Americas and Asia-Pacific make up one fifth of the global economy today. A new analysis by the Brookings Institution identified the 100 largest metro economies including 49 in China, 19 in Japan, South Korea and Taiwan, 12 in North America, 7 each in Southeast Asia and Latin America, and 6 in Australia and New Zealand.

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Hospital Stocks Riding High on Obamacare Momentum

Hospital Stocks Riding High on Obamacare Momentum

Hospital stocks such as Tenet and Lifepoint made significant jumps in the hours and days following the recent Supreme Court ruling on Obamacare. Gains continued until the following Monday when some health care stocks declined.

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Stocks: Healthcare Continues to Outperform Every Other Industry

Stocks: Healthcare Continues to Outperform Every Other Industry

Although it may seem as though the healthcare market has been fluctuating drastically with changing legislation and physician shortages, CNBC reported that the healthcare sector actually rose 162 percent, according to the S&P 500 health-care sector, since 2010.

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