Category: Economy

Trump says GDP, Dow would be higher if it weren’t for the Fed

President Donald Trump told CNBC on Wednesday that U.S. economic growth would have been closer to 4% if it weren’t for the lingering effect of Federal Reserve...

US housing starts December 2019

U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage...

Here’s where the jobs are for December 2019 — in one chart

While overall employment gains were slightly disappointing in December, there were strong job increases in the retail, hospitality and leisure services industries as...

Mortgage rates fall further as buyers rush into the first open houses

A real estate agent walks into a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images The average rate on the 30-year fixed mortgage fell to the lowest...

US consumer confidence December 2019

People shopping at a Costco store Scott McIntyre | Bloomberg | Getty Images U.S. consumer confidence dipped slightly in December, according to data released by The...

US housing starts building permits November 2019

U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to...

US GDP Q3 2019 final reading

A General Motors assembly worker works on assembling a V6 engine, used in a variety of GM cars, trucks and crossovers, at the GM Romulus Powertrain plant in Romulus,...

Americans are split on impeachment

President Donald Trump adjusts his jacket during a tour of Apple’s Mac Pro manufacturing plant in Austin, Texas, November 20, 2019. Tom Brenner | Reuters Ahead of...

A Trump impeachment bad for your finances? Depends on your politics

If you’re concerned that your fellow Americans may be worried about a potential hit to their pocketbooks from impeachment of President Donald Trump, the most...

Here’s where the jobs are for November 2019 — in one chart

The November 2019 employment report showed U.S. companies added way more jobs than expected during the month as mammoth gains in health care and social services — as...