Economy - /contrib/economy

Sorted by: Last Commented | Last Added Time
Dow plunges 1,000 points as U.S. stocks give back Fed-relief-rally gains ...
U.S. stock futures slipped Thursday, as a relief rally fuelled by Federal Reserve Jerome Powell's comments quickly ran out of steam.
By Anonymous Submission on 2022-05-05 15:53 UTC
The pandemic boom in home sales is over: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market...
The Federal Reserve is pushing mortgage rates higher, which is upending the competitive housing market.
By Anonymous Submission on 2022-05-05 15:49 UTC
Home Market Stumbles Again: Mortgage Applications Drop...
Mortgage applications fell 8.3% last week from a week earlier, hitting the lowest level in more than three years.
By Anonymous Submission on 2022-04-28 00:50 UTC
Economic data hasn't just been strong — they're exceeding expectations...
People have been concerned about the possibility that the economy could soon go into recession. Indeed, "recession" has been a trending topic, according to Google Search data, peaking during the week ending April 16.
By Anonymous Submission on 2022-04-24 17:39 UTC
White House says it expects inflation to be 'extraordinarily elevated' in new report...
The Biden administration is bracing for the Labor Department's consumer price index report to show that inflation is
By Anonymous Submission on 2022-04-11 22:16 UTC
Mexico Halts Gas Relief as U.S. Citizens Head South to Stock Up...
Mexico suspended gasoline subsidies for states along its northern border as the Finance Ministry said U.S. citizens crossing into the country are draining supply.
By Anonymous Submission on 2022-04-04 21:55 UTC
Economists warn Americans should budget an extra $5,200 this year to combat effects of inflation...
Bloomberg economists say that Americans should considering budgeting an extra $5,200 this year — or $433 monthly — in order to fight the effects of inflation. The U.S. Consumer Price Index has indicated that prices across the board have skyroc
By Anonymous Submission on 2022-03-30 13:19 UTC
Stimulus update: Here's who would get $100 when gas prices spike if new bill passes...
Congress is proposing a new gas stimulus giving individuals making $75,000 or less $100 when gas prices exceed $4 per gallon.
By Anonymous Submission on 2022-03-27 15:16 UTC
Consumer sentiment falls to new decade-long low as inflation fears soar...
Submitted to Category: /contrib/business/, /contrib/economy
University of Michigan's Survey of Consumers results for the end of March found that consumer sentiment fell to a new decade-long low as concerns about inflation worsen during Russia's invasion of Ukraine.
By Anonymous Submission on 2022-03-27 15:14 UTC
Housing market 'staring into face of perfect storm,' expert warns...
National Association of Home Builders CEO Jerry Howard warned consumers Friday that the housing market is currently "staring into the face of a perfect storm," and argued that this is a "bad sign" for the American economy.
By Anonymous Submission on 2022-03-26 02:27 UTC
Housing market: Pending home sales fall for fourth straight month...
Pending home sales, a leading indicator of the health of the housing market, declined for the fourth straight month.
By Anonymous Submission on 2022-03-26 02:27 UTC
57% of U.S. households paid no federal income tax last year as Covid took a toll, study says...
More than half of Americans paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report.
By Anonymous Submission on 2022-03-25 17:08 UTC
Record-high gas prices pose surprising new problems for consumers at pump...
With gas prices in the United States the highest they've been in 14 years, drivers are facing a new kind of pain at the pump: fueling limits that may deny them a full tank.
By Anonymous Submission on 2022-03-24 01:14 UTC
Stimulus checks for gas? Some lawmakers are pushing for it....
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
By Anonymous Submission on 2022-03-23 18:15 UTC
JPMorgan Chase CEO pushes Biden for domestic energy "Marshall Plan"...
JPMorgan Chase CEO Jamie Dimon told President Biden the White House needs to create a "Marshall Plan" to develop more domestic gas and other energy resources, Axios has learned. Why it matters: The Biden administration has been struggling to convi
By Anonymous Submission on 2022-03-23 02:01 UTC
Goldman Sachs now expects the Fed to hike 50 basis points in both May and June after Powell's tough talk...
Goldman Sachs now expects the Fed to hike interest rates by 50 basis points in both May and June. Fed Chair Jerome Powell said Monday the central bank is ready
By Anonymous Submission on 2022-03-23 02:00 UTC
Stocks Jump As Investors Prepare For Bigger Fed Rate Hikes To Fight Inflation...
"The odds of a 50 bps rate hike are rising," analysts say.
By Anonymous Submission on 2022-03-23 01:59 UTC
3 House Democrats unveil a plan to send $100 monthly gas checks to Americans and provide relief from rising prices...
Submitted to Category: /contrib/business/, /contrib/economy
A group of House Democrats introduced a plan for monthly gas checks to families. It would provide $100 for singles earning below $75,000 and $200 for couples
By Anonymous Submission on 2022-03-21 19:03 UTC
Inflation is getting worse for the goods and services Americans need the most...
At the grocery store and the hospital, the staples of life in the US are leaving Americans shelling out far more than they did before the pandemic.
By Anonymous Submission on 2022-03-19 12:55 UTC
Sales of U.S. Previously Owned Homes Decline to a Six-Month Low...
Sales of U.S. Previously Owned Homes Decline to a Six-Month Low
By Anonymous Submission on 2022-03-18 18:01 UTC
  • Need an account?  
    or