There is a possibility that the unemployment rate will drop sharply in the next six months, St. Louis Fed President James Bullard said Tuesday. In his webcast comments to the New York Economic Club, Bullard noted that many Americans are still informing the government that they are on a temporary …
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Housing prices in major cities across the country could fall as a result of the pandemic. Drew Angerer / Getty Images The coronavirus pandemic has many Americans heading to the hills, or the suburbs, so to speak. And city home prices could decline as a result, says Nobel Prize-winning economist …
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Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
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Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
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The counts: After two consecutive months of decline, the pending home sales index soared 44.3% in May compared to April, the National Association of Realtors said on Monday. The monthly increase was the largest since the National Association of Real Estate Agents began the index in January 2001. “This has …
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