The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
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Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
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This photo taken on July 12, 2020 shows residents standing in front of a flooded pavilion on the Yangtze River in Wuhan in China’s central Hubei province. – Various parts of China have been hit by continuous downpours since June, with the damage adding pressure to a home economy already …
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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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