News
Articles in "The Economy"
Consumer confidence rose 9.3 points in February as the outlook for the nation's economy improved.
The Conference Board said its consumer confidence index rose to 70.8 in February, up from 61.5 in January. A year ago, the index stood at 72. The present situation index...
Almost 10% of customers at large and midsize U.S. banks switched their accounts last year to smaller firms, citing issues with bank fees and customer service as well as unmet expectations.
A report out Monday from J.D. Power and Associates indicates that most of the...
The U.S. will experience moderate gross domestic product growth this year, with the economy growing 2.4% and picking up the most speed in the second half, according to a new survey from the National Association of Business Economists.
NABE drew...
The U.S. will experience moderate gross domestic product growth this year, with the economy growing 2.4% and picking up the most speed in the second half, according to a new survey from the National Association of Business Economists.
NABE drew...
A new generation of Americans may eschew homeownership altogether after witnessing fallout from the housing bubble, said James Bullard, president and CEO of the Federal Reserve Bank of St. Louis.
Bullard made that assertion while commenting on a paper titled, "...
Consumer sentiment rebounded from a midmonth dip to finish February at the highest level in a year, buoyed by recent employment gains.
The Thomson Reuters/University of Michigan index rose to 75.3 from a...
Consumer sentiment rebounded from a midmonth dip to finish February at the highest level in a year, buoyed by recent employment gains.
The Thomson Reuters/University of Michigan index rose to 75.3 from a...
The American Recovery and Reinvestment Act created jobs in the fourth quarter, but was a mixed-bag for the economy, the Congressional Budget Office said in a new study.
The act was passed in 2009 to stimulate U.S. job growth, but data from the CBO shows the legislation...
The hard-hit Arizona housing market may be looking up. A new report from Arizona State University shows positive trends in single-family home prices, foreclosures and underpriced homes.
Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of...
U.S. home prices fell in the fourth quarter of 2011 from a year earlier, according to the Federal Housing Finance Agency’s purchase-only house price index.
The index, which uses sales price information from mortgages purchased by Fannie Mae and ...
The nation's average mortgage interest rates rose from their near-record lows for the first time in three weeks amid recent data showing the housing market improving.
The Freddie Mac survey showed the 30-year, fixed-rate mortgage averaged 3.95% for the week ending...
The nation's average mortgage interest rates rose from their near-record lows for the first time in three weeks amid recent data showing the housing market improving.
The Freddie Mac survey showed the 30-year, fixed-rate mortgage averaged 3.95% for the week ending...
The number of Americans filing initial jobless claims last week remained flat with the prior week and at the lowest level in four years, as the jobs market continues to improve.
The Labor Department said the seasonally adjusted figure of initial claims for the week ended...
Home Depot ($77.19 1.05%) reported a 32% increase in fourth-quarter earnings, boosted by the warm weather, which drove demand...
Home Depot ($77.19 1.05%) reported a 32% increase in fourth-quarter earnings, boosted by the warm weather, which drove demand...