Associated Press The Census Bureau noted Thursday that the new U.S. Home sales grew 8.8% in August, to ten million units annually. That rate was the highest since 2006 and sales have increased for four consecutive months. The agency’s estimate of new homes for sale fell to 282,000, reflecting a …
Read More »
File photo: US Federal Reserve Chairman Jerome Powell spoke to reporters at a news conference in Washington on March 3, 2020 after the Federal Reserve cut interest rates in a crisis move designed to protect the world’s largest economy from the effects of the coronavirus. . Reuters / KP Lamarck …
Read More »
WAS SHINGTON (Reuters) – U.S. Job Growth Probably. It will slow further in August, as financial aid from the government is threatening the recovery of the economy from the Covid-19 recession. File photo: Hundreds flee Frank outside the Kentucky Career Center, June 18, 2020 in Frankfurt, Kentucky, USA. In hopes …
Read More »
FILE PHOTO: China’s Ministry of Commerce spokesman Gao Feng attended a news conference at the Ministry of Commerce in Beijing, China, June 19, 2018. REUTERS / Thomas Peter BEIJING (Reuters) – China and the United States have agreed to hold trade talks “in the coming days” to evaluate the progress …
Read More »
(Reuters) – US homebuilder confidence boosted for a third straight month in August to hit its highest level ever, as record-low interest rates boost the buyer’s sales, data released Monday in the latest indication show that the housing market is a rare bright spot in the economic crisis triggered by …
Read More »