Home sales in 2024 fell to lowest level in nearly 30 years
Sales of previously occupied US homes fell in 2024 to a nearly 30-year low for the second time in as ...
Tag: Economy
Mortgage rates climb for 4th straight week— remain at 6-month high
The average long-term US mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark ...
Donald Trump restoring the economic woes sustained by the Biden administration will take time
As evidence keeps building that the hapless Biden administration couldn’t end fast enough, there’s also evidence that the first Trump ...
Unemployed workers having trouble finding a job, latest claims data suggest
The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level ...
Home sales rise most since March — but market on pace for worst year since 1995
Sales of previously occupied US homes rose in November to their fastest pace since March with home shoppers encouraged by ...
Home sales post first year-over-year gain in over 3 years
Sales of previously occupied US homes rose in October, the first annual gain in more than three years, with home ...
Advance Auto Parts shutting 500 stores, cutting jobs amid sluggish demand
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a ...
Inflation remains stubborn as wholesale prices accelerate
Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely ...
Employers add just 12K jobs in October — lowest total since 2020
Employers added just 12,000 jobs in October — far slower growth than expected — for the lowest job total since ...
NYC restaurants ditch pricey chef’s tasting menus
Inflation-battered diners are putting aside less time and money for extravagant chefs’ tasting menus – leading many Big Apple restaurants ...
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