December Pending Home Sales Fall 4.9% As Supply Hits A Record Low
Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as th... Read more
Trump Says The Fed Should Cut Rates So The US Can Pay Down Its $23 Trillion Debt
In a tweet Tuesday morning, the president again said the central bank should cut its key lending rate so it's more in li... Read more
Home Price Gains Continued To Heat Up In November, With Phoenix, Charlotte And Tampa Leading The Way, S&P Case-Shiller Index Says
After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually... Read more
Consumer Confidence Jumps As Job-market Outlook Improves
Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tu... Read more
US Core Capital Goods Orders Post Biggest Drop In 8 Months
New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, sugg... Read more
US New Home Sales Drop In December For The Third Straight Month
Sales of new U.S. single-family homes unexpectedly fell in December, likely held down by a shortage of more affordable h... Read more
Business Survey Suggests US Labor Market May Have Peaked
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first t... Read more
US Weekly Jobless Claims Increase Less Than Expected
First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, up from the 20... Read more
Trump Says GDP Would Be Near 4% And The Dow Could Be 10,000 Points Higher If It Weren't For The Fed
The president has repeatedly taken the Fed and Chair Jerome Powell to task for aggressively raising rates. Read more
Trump Says He 'could Get Used To' Negative Interest Rates As He Knocks The Fed: 'Love That'
President Trump touted at the World Economic Forum in Davos, Switzerland, the use of negative interest rates to bolster ... Read more
Trump At Davos Urges Countries To 'put Their Own Citizens First' As He Touts US Economic Success
Hours before his impeachment trial was set to begin in earnest back home, Trump touted his "America First" agenda to wor... Read more
White House Top Economic Advisor Larry Kudlow Says Economic Growth Will Beat 3% This Year
President Trump's top economic advisor said GDP growth in the U.S. should hit at least 3% in 2020. Read more
US Housing Starts Soar 16.9% In December To A 13-year High
U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was ... Read more
Manufacturers To Spend $26.2 Billion On 'upskilling' In 2020 To Attract And Keep Workers
With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipel... Read more
US Manufacturing Output Rises Unexpectedly
U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in p... Read more