China has reported disappointing economic data for the month of April, underscoring the extensive damage Covid lockdowns have wreaked on the country.
Another month, another four-decade high for inflation.
Around 6 million people will buy homes this year, and they will confront two complications: Home prices will keep going up, and so will mortgage rates.
The strongest seller's market ever is greeting the start of the spring home buying season. The number of properties on the market is at a record low.
Prices kept rising last month in America, pushing a key inflation measure to a level not seen since January 1982.
Public discontent with America's pandemic-battered economy obscures the good news: Even after inflation, most of the country has been coming out ahead.
Since 1960, the personal saving rate has averaged 9%, but within those 60 years, it’s gone as low as 2.2% in July 2005 and as high as 33.7% in April 2020.
Gas prices are rising. Auto prices are soaring. Toilet paper, peanut butter and soft drinks all cost more. Here's a Q&A on inflation plus charts tracking rising prices.
The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying, gridlock paralyzed Washington and millions of families were about to lose crucial benefits.
It is not nearly as severe as the catastrophic job losses that the region suffered during the first wave, but over the past three weeks, nearly 15,400 local workers have lost their jobs.
Economists are still calling for another US stimulus package to boost the economy as Americans head into an uncertain fall. But it's not clear that lawmakers can come to terms after talks stalled last month, especially as the November election nears.
WASHINGTON — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip o…
SILVER SPRING, Md. — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causin…
As unemployment claims slow statewide in New Jersey, the wreckage of business closings due to the COVID-19 pandemic remains increasingly clear in deep South Jersey.
More than 30 million sought aid in the previous six weeks after the coronavirus forced employers across the country to close.
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
It’s too early to tell what effect the coronavirus will have on housing and real estate, but here are some pros and cons of buying a house during a recession.
The American jobs machine came to a sudden halt in March as a result of the coronavirus, ending a 113-month hiring streak.