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Economy
House gross sales rose in July as demand outpaced barely stronger provide
A home for sale will be on display in Houston, Texas on August 12, 2021.Brandon Bell | Getty ImagesExisting home sales rose 2% in July from June to a…
Getting ready for a taper this yr
Federal Reserve officials at their July meeting planned to slow the pace of their monthly bond purchases likely before the end of the year, the minutes of the…
U.S. weekly jobless claims hit pandemic-era low
First-time filings for unemployment insurance hit a pandemic-era low last week, a sign that the jobs market is improving heading into the fall despite worries…
Mortgage charges are at their highest stage in a month and weekly demand is falling
Prospective home buyers arrive to view a home for sale in Dunlap, Illinois.Daniel Acker | Bloomberg | Getty ImagesBorrowers pulled out of the mortgage market…
Retail gross sales in July 2021 at 1.1% worse than anticipated in July as rising Covid fears hit…
U.S. shoppers cut their purchases even more than expected in July as concerns about the Delta variant of Covid-19 dampened activity and government incentives…
Builders’ sentiment has dropped to its lowest stage in over a yr as consumers expertise…
The price of wood has fallen sharply in recent months, but that was apparently not enough to relieve the builders.Sentiment among single-family home builders…
Retail gross sales probably dipped in July as shoppers held off on purchases
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018.Mark Makela | ReutersRetail sales…
The Fed is more and more supporting the announcement of a tapering of bond purchases in September
Federal Reserve Chairman Jerome Powell adjusts his tie when he arrives to speak on Capitol Hill, Washington, before a Senate Committee on Banking, Housing and…
The measurement of shopper sentiment falls to a pandemic-era low and has seen one of many greatest…
A key metric of consumer sentiment saw a dramatic decline in early August as the delta variant of Covid-19 heightened fears over the course of the economy, the…
Unemployment claims within the US whole 375,000, falling for the third week in a row
Initial jobless claims fell for the third straight week as the US labor market continued to recover from last year's recession.New jobless claims totaled…