Today: September 21, 2024
Today: September 21, 2024

Latest From Amina Niasse

Economy

U.S. home sales rise by most in over 3 years

Pending U.S. home sales shot up in December by the most since June 2020, a report showed on Friday, indicating prospective buyers may be getting drawn from the

U.S. home sales rise by most in over 3 years
Business

Unemployment rose in nearly a third of U.S. states in December

Unemployment rates increased in 15 U.S. states in December, a rise from the prior month, but was unchanged in the majority of states and the District of Columbia,

Unemployment rose in nearly a third of U.S. states in December
Economy

US mortgage rates fall to 8-month low, says Freddie Mac

U.S. mortgage rates fell this week to the lowest since May 2023, Freddie Mac reported on Thursday, providing a possible boost to buyer traffic in the housing

US mortgage rates fall to 8-month low, says Freddie Mac
Economy

Homebuilder confidence jumps by the most in 11 months - NAHB

U.S. homebuilder confidence spiked in January by the most since February 2023 as declining interest rates for mortgages enhanced affordability for many buyers who

Homebuilder confidence jumps by the most in 11 months - NAHB
Economy

Mortgage rates tick up for a second week -Freddie Mac

Mortgage rates edged higher for a second week, a survey released on Thursday showed, but they remain near the lowest levels since early last summer, which has

Mortgage rates tick up for a second week -Freddie Mac
Economy

US small business sentiment up, but labor, inflation worries persist

U.S. small business sentiment rose for the first time in five months in December, a survey published on Tuesday showed, but hiring costs and ongoing concerns

US small business sentiment up, but labor, inflation worries persist
Economy

US homebuyer confidence up in December; more see loan rates falling

U.S. homebuyer confidence improved in December, with more homeowners anticipating that mortgage rates would fall further this year, but it could take sometime for

US homebuyer confidence up in December; more see loan rates falling
Economy

US job cuts fall back in December but nearly double for all of 2023

U.S. employers slowed layoffs in December, with the fewest announced job cuts since July, although the total for all of 2023 was the highest since 2020 when the

US job cuts fall back in December but nearly double for all of 2023
Economy

New US jobless claims rise again as labor market cools

The number of Americans filing initial claims for unemployment benefits rose last week, indicating the labor market continues to cool in the year's fourth quarter.

New US jobless claims rise again as labor market cools
Economy

Annual home prices rise again - FHFA

Annual home prices in October rose again, pointing toward continued recovery of the housing market, data on Tuesday showed.

Annual home prices rise again - FHFA
Economy

Mortgage rates continue to soften - Freddie Mac

Mortgage rates fell to a six-month low this week to the lowest figure since June, indicating relief has come to prospective buyers on the back of a rallying bond

Mortgage rates continue to soften - Freddie Mac
Economy

US homebuilder confidence brightens as interest rates ease - NAHB

U.S. homebuilder confidence rose in December, indicating easing interest rates may be bolstering sales conditions for builders who had struggled to attract

US homebuilder confidence brightens as interest rates ease - NAHB
Economy

US small business sentiment falls slightly, NFIB says

U.S. small business sentiment edged down in November to the lowest level in six months, stoked by continued difficulties in hiring skilled labor and concerns about

US small business sentiment falls slightly, NFIB says
Economy

(OFFICIAL) US infrastructure building boom revs up extended-stay market

(This Dec. 8 story has been officially corrected by Performance Contractors to change the number of workers it currently employs and the number of current projects in paragraph 16) By Amina Niasse NEW

(OFFICIAL) US infrastructure building boom revs up extended-stay market
Economy

Discounts drew crowds but Black Friday week sales gain softest in years -report

U.S. in-store retail sales swelled last week by the most since December courtesy of aggressive discounts, but the year-over-year sales gain for the week covering

Discounts drew crowds but Black Friday week sales gain softest in years -report
Economy

Homebuilder confidence weakens again but easing rates may brighten the outlook - NAHB

U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook into the end of the year, according to a

Homebuilder confidence weakens again but easing rates may brighten the outlook - NAHB
Economy

US bond rally points to more affordable housing market

Growing confidence that U.S. bond yields have hit their peak and could head lower from here looks set to make the housing market more affordable in coming weeks.

US bond rally points to more affordable housing market
Economy

U.S. small business sentiment falls slightly

U.S. small business sentiment fell for a third consecutive month in October, signaling inflation and labor difficulties could be having a prolonged effect on

U.S. small business sentiment falls slightly
Economy

Prefabricated home shipments on the rise in a pricey property market

Some Americans who have been priced out of the tight residential real estate market are turning to prefabricated homes, helping to power a nascent recovery in

Prefabricated home shipments on the rise in a pricey property market
Economy

Second home sales slide in pandemic-era vacation hot spots

U.S. vacation home sales have fallen by nearly three-quarters from their frenzied pace three years ago as an inventory shortage spawns a wrenching correction in

Second home sales slide in pandemic-era vacation hot spots
Economy

Pending home sales rise unexpectedly in September

Contracts to buy U.S. existing homes rose unexpectedly in September despite elevated mortgage rates that continue to create gridlock in the housing market,

Pending home sales rise unexpectedly in September
Economy

US small business sentiment declines moderately -NFIB

U.S. small business sentiment declined slightly again in September on continued concern over inflation and persistent labor shortages, a survey published on

US small business sentiment declines moderately -NFIB
Economy

US restaurant employment recovers to pre-pandemic levels

U.S. restaurant employment reached pre-pandemic levels in September for the first time in three-and-a-half years, according to a report released Friday, signaling

US restaurant employment recovers to pre-pandemic levels
Economy

US employers announce fewer layoffs in September, report shows

U.S. employers dialed back their planned job cuts in September, especially in the warehousing sector, but workforce reduction intentions were higher on a year-to-

US employers announce fewer layoffs in September, report shows
Economy

U.S. pending home sales fall more than expected in August

Contracts to buy U.S. existing homes fell more than expected in August, tumbling by the most in nearly a year as high mortgage rates erode affordability, according

U.S. pending home sales fall more than expected in August

Follow