Wholesale Club Holdings Inc. of BJ says that the coronavirus pandemic has added the number of new members participating in the retail trade, especially among the young and digitally savvy. BJ’s BJ, + 3.64% says it now has more than six million paid members. “To put this in perspective, over …
Read More »US economic recovery gets steam while others stutter
The U.S. economy gained momentum this month as companies shook the effects of the pandemic-induced decline, although yields in other parts of the world were slower, according to new research from purchasing managers. The data released Friday suggests that U.S. companies will look back on demand when they reopen from …
Read More »Sales of existing homes grow by almost 25% in July
Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »‘The housing market is at a sugar level’: Home sales are big, but is it a good time to buy? Here’s what the experts say
Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
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