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Articles in "The Economy"
The number of jobless claims filed by Americans fell by 26,000 filings during the week ending July 7, the U.S. Labor Department said.
Initial claims hit 350,000 on a seasonally adjusted basis for the period, compared to 376,000 a week earlier.
The four-...
Some voices at the Federal Reserve said more stimulus is needed for a still struggling U.S. economy.
"A few members expressed the view that further policy stimulus likely would be necessary to promote satisfactory growth in employment and to ensure that the inflation rate...
The U.S. private sector added 176,000 jobs from May to June while filings for unemployment insurance declined, according to data released Thursday.
The jobs gain from April to May was revised upward from the initial estimate of 133,000 jobs to 136,000 positions, according to the...
Housing may actually add to U.S. GDP growth by the end of 2012, according to Fannie Mae Director of Mortgage Market Analysis Richard Koss.
"I think so, but it will be very small. In the past it was somewhere around 6% of GDP, but now it might bump up to something like 2...
The Obama administration said it would veto a bill that would cut the Department of Housing and Urban Development budget by $3.9 billion from last year.
The bill,...
The Obama administration said it would veto a bill that would cut the Department of Housing and Urban Development budget by $3.9 billion from last year.
The bill,...
The Federal Reserve will continue to extend the average maturity of its securities holdings through end of the year, but it elected not to provide further stimulus to the economy.
"Information received since the Federal Open Market Committee met in April...
A 10% reduction in violent crimes could result in billions of dollars in home price appreciation for several major cities, according to a study from the Center for American Progress.
Kevin Hasset, director of economic policy studies for the American Enterprise Institute,...
A 10% reduction in violent crimes could result in billions of dollars in home price appreciation for several major cities, according to a study from the Center for American Progress.
Kevin Hasset, director of economic policy studies for the American Enterprise Institute,...
A new report from Fannie Mae's economic research team projects home prices will reach bottom in 2013 while the nation's overall macroeconomic situation hinges on a set of risky outliers.
While consumers started 2012 with a dose of cautious optimism, market...
More than 34% of the national housing stock is being rented and the percentage is climbing, according to Moody's Analytics.
Slow income growth coming out of the recession and a lack of savings for a down payment pushed rental demand higher. Vacancy rates, according to...
More than 34% of the national housing stock is being rented and the percentage is climbing, according to Moody's Analytics.
Slow income growth coming out of the recession and a lack of savings for a down payment pushed rental demand higher. Vacancy rates, according to...
The Federal Reserve on Thursday finalized a set of rules in a 7-0 vote that requires large banks to hold more capital against their trading books.
The market risk capital rules, effective Jan. 1, 2013, are intended to force big banks to better capture the risk posed by...
The Federal Reserve on Thursday finalized a set of rules in a 7-0 vote that requires large banks to hold more capital against their trading books.
The market risk capital rules, effective Jan. 1, 2013, are intended to force big banks to better capture the risk posed by...
The recent economic downturn is the only market cycle to plummet to new lows since the Great Depression, the Federal Reserve Bank of Dallas said in a report.
The 2007-2009 recession lasted 18 months. During that time, the nation's economic...