5 years 9 months ago
Homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are feeling shock.
5 years 9 months ago
Mortgage demand was flat last week, despite record low rates, but demand is substantially higher than it was last year.
5 years 9 months ago
Warren Buffett urged Congress to extend aid to small businesses as they continue to struggle through the coronavirus pandemic.
5 years 9 months ago
The Fed could disappoint at least some market pros who are expecting immediate changes in its bond buying program.
5 years 9 months ago
Solomon's comments come as lawmakers are taking negotiations to approve another coronavirus stimulus bill down to the wire.
5 years 9 months ago
The average American plans to spend just $886, down 10% from their planned spending last year, according to the CNBC All-America Economic Survey.
5 years 9 months ago
The surprise jump in jobless claims filings signals a weakening in the labor market that could drag on the economy into the first quarter.
5 years 9 months ago
First-time claims for unemployment insurance totaled 853,000, an increase from the upwardly revised 716,000 total a week before.
5 years 9 months ago
Soaring home prices are padding the pockets of millions of homeowners across the nation. As prices rise, home equity multiplies.
5 years 9 months ago
Mortgage rates fell even more, and that is causing a surge in mortgage refinancing.
5 years 9 months ago
Saxo Bank on Tuesday outlined 10 "outlandish forecasts" for 2021, although it did stress these are not its "official" views.
5 years 9 months ago
U.S. stocks are in "the storm before the calm" as Covid-19 cases rise, new restrictions are introduced and stimulus fades, says economist Alejandra Grindal.
5 years 9 months ago
Economists have been worried that the aggressive virus spread will exact an especially large toll on the services sector.
5 years 10 months ago
Steven Mnuchin's decision not to extend funding for the Federal Reserve's Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
5 years 10 months ago
Banks have put up tens of billions of dollars for loan loss reserves tied to the pandemic this year, although most of those reserves haven't been needed yet.
5 years 10 months ago
Job opportunities for Hispanics remain uncertain, even as the jobless rate has been cut in half from the Covid-19 peak level of 16%.
5 years 10 months ago
Biden said Friday's underwhelming jobs report foreshadows a "dark winter" that demands "urgent action" from Trump and Congress.
5 years 10 months ago
Job growth slowed in November and looks set to decline even more, as the spreading pandemic hits all sorts of economic activity.
5 years 10 months ago
Economists surveyed by Dow Jones had been looking for 440,000 and the jobless rate to decrease to 6.7% from 6.9% in October
5 years 10 months ago
Tree sales are up 29% so far in 2020, according to a survey of retailers done by Evercore ISI.
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13 minutes 22 seconds ago
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