Tag Archives: American economy

Improvement in coronavirus mortgage assistance versions

After improving in July, the number of lenders struggling to make their monthly mortgage payments is essentially flat and now threatens to move higher. As of August 25, there were 3.9 million homeowners in mortgage ratio programs, according to Black Knight, a mortgage and analytics company. This represents 7.4% of …

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Gold price stability stable to weak PCE inflation data

Editor’s Note: Stay tuned for daily news with so much market volatility! Stay up to date with our quick summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market holds on its early morning gains almost 2% upwards, even if inflationary pressures remain …

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Personal income July 2020

U.S. consumers increased their spending last month by 1.9%, a dose of support for an economy struggling to emerge from the grip of a pandemic that has recovered and left roughly 27 million people unemployed. The July gain marked the third straight monthly increase in consumer spending, the primary driver …

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