Newly built home sales in June fell to their lowest level since the early days of the coronavirus pandemic in April 2020, according to data released Monday by the U.S. Census Bureau.New single-family home sales declined to an annualized...
A man wearing a protective face mask walks past 14 Wall Street in New York's financial district on November 19, 2020.Shannon Stapleton | ReutersA volatile environment for government bonds reflects a highly uncertain future for the US economy,...
Unexpected weekly jobless claims rose last week despite hopes that the US labor market is about to rebound strongly in the fall.Initial jobless claims for the week ended July 17 totaled 419,000, well above the Dow Jones estimate of...
After four consecutive months of declines, legacy home sales rose 1.4% month-over-month to a seasonally adjusted annual rate of 5.86 million units in June, according to the National Association of Realtors.These sales represent deals based on contracts signed in...
Treasury Secretary Janet Yellen on Friday warned Congress that if lawmakers fail to reach an agreement to raise or extend the debt ceiling, her department must take “extraordinary measures” on August 2 to prevent the US government from defaulting.In...
A National Park Service employee replaces a flag at the Washington Monument, which reopened today on July 14, 2021 after a six-month closure due to COVID-19 security measures in Washington, United States, on July 14, 2021.Kevin Lemarque | ...
San Francisco Federal Reserve Bank President Mary Daly poses at the bank's headquarters in San Francisco, California, United States on July 16, 2019.Ann sapphire | ReutersSan Francisco Federal Reserve President Mary Daly told CNBC on Tuesday that a...
June wholesale prices rose more than expected, another sign that inflation is moving faster than markets expected.The producer price index, which measures what companies get for the goods they produce, rose 1% from May and rose 7.3% year-on-year. ...
Initial unemployment insurance claims fell to a new pandemic-era low last week, the Labor Department reported Thursday.Initial benefit claims were 360,000, which is in line with Dow Jones estimates and the best number since March 14, 2020.The grand total...
Federal Reserve Chairman Jerome Powell appears before the Senate Committee on Banking, Housing and Urban Affairs Thursday to conclude his two-day appearance on Capitol Hill to discuss the economy and the future of monetary policy.When he appeared before the...

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