Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
Read More »America’s eviction bans are ending. That could worsen the spread of the coronavirus.
NEW YORK (Reuters) – Last month, when the coronavirus was on the rise in Houston, recently unemployed hospital secretary Ramzan Boudoin received more bad news: He had six days to vacate his apartment for not paying rent. An entrance is seen to the Providence at Champions apartment complex, amid the …
Read More »Existing home sales rebounded sharply in June from the lows fueled by the pandemic, but will the recovery be sustainable in the long term?
The counts: Previously owned home sales increased 20.7% in June when states reopened their economies following coronavirus-related blockades. Existing home sales occurred at a seasonally adjusted annual rate of 4.72 million, the National Association of Real Estate Agents reported Wednesday. It was a big rebound from May, when sales fell …
Read More »Southwest says: no mask, no flight. Only children under 2 years exempt
CHICAGO / WASHINGTON (Reuters) – Southwest Airlines (LUV.N) said Wednesday that it was removing all exemptions from its face-covering requirement, except for children under the age of 2, in the toughest policy so far among U.S. airlines. American Airlines Group Inc (AAL.O) did the same with a similar order later …
Read More »DIY renovation projects offer the best return to homeowners, but there is a catch
Thanks to the coronavirus pandemic, Americans have much more free time, and they spend that time at home. Earlier in the health crisis, economists predicted that spending on renovation projects would actually sink in much of the country. But recent data shows that there has been a definite increase in …
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