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The USD began the week under pressure, falling after the Fed Bank of New York released a statement clarifying some recent activity that market participants interpreted as preparation for removing some liquidity from the financial system and boost interest rates. And according to currency analysts, the USD will extend losses as the global economy’s recovery prompts investors to shift away from U.S. assets. The Dow reached 10,092 and gold finished the day higher to close at $1,058.

The EUR traded… Continue

We have all heard that old adage and this old saying fits just about every situation we experience in our lives but none more than right now. As our economy continues to suffer, so do all of us. Some of us are business owners and some of us serve. Some of us are employed but to the individuals who are currently unemployed the message is very simple - - you just have to keep moving the ball along. Every day is a new challenge and, if it’s done right, the ball moves forward inch by inch and that’s… Continue

I was sitting around this weekend, and as I often do, I check my credit reports. I try to examine my credit reports at least once a month; that seems like a lot and probably is for the average consumer. But for me my credit standing is vital for my business and its success.

I am probably not the best person to talk to about credit, or at least the credit bureaus; since I believe the credit bureaus are the biggest scam of all. I mean they give you one free credit report a year so you can see wha… Continue

For all business owners out there, it’s time to get back to basics. Remember how you got started, and remember what got your business off the ground in the first place? Today the economy is spiraling out of control, we are in a recession, and sadly, it might get worse before it gets better. BUT - that's okay; we can look at this unfortunate economic scenario as a necessary evil. It's like trading the stock market, what goes up must also go down at some point. In fact, this may be just what we ne… Continue

Yet another week and the uncertainty continues to grow. The time has come to do something proactive; I mean, you can't just sit on the sidelines and hope you aren’t affected. Chances are you are already affected at some level. If you own your own business then you must simply take a step back and decide what it will take for you to weather this economic storm. Success is measured by your ability to hold on through the rough times and prosper in the good times.

I’m sure you’ve heard the saying “… Continue