Hits: 0 It’s not as if the coronavirus pandemic has gone away, but after a sharp pullback, homebuyers are now piling back into the housing market much faster than expected. Mortgage applications to purchase a […]
Hits: 7 A for sale sign is seen near a house for sale in South Pasadena, California on April 24, 2020. Frederic J. Brown | AFP | Getty Images Home prices were still gaining steam […]
Hits: 38 State reopenings have not yet helped stem the rise in unemployment, which is expected to show another big jump in the month of May. Weekly jobless claims totaled 2.4 million for the week […]
Hits: 33 Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference following the weekly Senate Republican caucus luncheon in Washington, D.C., U.S., on Tuesday, May 19, 2020. Stefani Reynolds | […]
Hits: 21 The U.S. economy has faced a substantial loss due a nationwide shutdown. On April 29, the Bureau of Economic Analysis reported that the gross domestic product shrank by 4.8% in the first quarter, […]
Hits: 12 A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The economic fallout from the coronavirus hit the housing market hard in April. Sales […]
Hits: 1 First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to impact the U.S. jobs market. Economists surveyed by Dow Jones had been looking […]
Hits: 12 Federal Reserve officials called into action to rescue the economy from the clutches of the coronavirus worried about longer-lasting impacts from the pandemic including a second round of infections and the burden that […]
Hits: 10 More help will be needed from the Federal Reserve and Congress to get the economy through its slump, Dallas Fed President Robert Kaplan told CNBC on Wednesday. At least some of that aid likely […]
Hits: 7 An employee wearing a protective mask sanitizes a table at a restaurant in Tucson, Arizona, U.S., on Monday, May 11, 2020. Cheney Orr | Bloomberg | Getty Images As state shutdowns are lifted, […]
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