u.s. economy
Homebuilder Confidence Index Takes Biggest Monthly Dive Ever As Coronavirus Slams Economy
AMERICA - Published date: .
This month's HMI survey was conducted from April 1 to April 13, after millions of Americans had been issued orders to st... Read more
Coronavirus Delivers Record Blow To US Retail Sales In March
AMERICA - Published date: .
U.S. retail sales for the month of March were expected to sink by 8.0%, after slipping 0.5% a month earlier. Read more
US Import Prices Post Largest Drop In Over Five Years
AMERICA - Published date: .
U.S. import prices dropped by the most in more than five years in March amid declines in the costs of petroleum products... Read more
New York, New Jersey And Other Northeastern States Form Coronavirus Working Group To Decide When To Ease Restrictions
AMERICA - Published date: .
The governors, led by Andrew Cuomo, announced the coronavirus group hours after President Donald Trump claimed in a twee... Read more
'We're Not Governments' — Cramer Says Small Business Owners Can't Front Their Employees Forever
AMERICA - Published date: .
CNBC's Jim Cramer said Monday the slow rollout of promised small business loans is unfairly putting more burden on small... Read more
Trump's Tariffs On China Could Cost The US In Its Fight Against The Coronavirus
AMERICA - Published date: .
The Trump administration's tariffs on imported medical equipment, particularly from China, have added to the struggle in... Read more
Fed's Neel Kashkari Says Coronavirus Economic Recovery 'could Be A Long, Hard Road'
AMERICA - Published date: .
Kashkari's comments came days after the Labor Department reported that another 6.6 million Americans filed first-time un... Read more
Bill Gates: Schools Will Reopen In The Fall, But Economy Won't Magically Return To The Way It Was
AMERICA - Published date: .
The Microsoft co-founder sees poor students getting hit the hardest as schools close down across the U.S. Read more
5 Million More Unemployment Claims Expected, But Layoffs Are Now Broader And Could Be More Permanent
AMERICA - Published date: .
The new claims for weekly unemployment benefits could bring the number of Americans filing to more than 15 million in th... Read more
US Services Sector Growth Slows Down In March, ISM Says
AMERICA - Published date: .
Activity in the U.S. services sector slowed down in March as business grapple with the coronavirus outbreak, data releas... Read more
Coronavirus Could Create 'a Generation Of Supersavers' And Reshape The Economy
AMERICA - Published date: .
A generation of risk-averse supersavers could emerge from the fallout of the coronavirus crisis and potentially reshape ... Read more
US Jobless Claims Could Soon Exceed 8 Million, Economist Projects
AMERICA - Published date: .
The number of weekly unemployment claims filed in the U.S. could soon exceed 8 million as the fallout from widespread sh... Read more
Home Price Gains Were Strong In January, Says S&P Case-Shiller, Before Coronavirus Hit US Economy
AMERICA - Published date: .
The gains came before the coronavirus shut down much of the economy and the housing market. Now there are forecasts that... Read more
IMF Chief Georgieva Says The World Is In A Recession, Containment Will Dictate Strength Of Recovery
AMERICA - Published date: .
International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks ... Read more
US Consumer Spending Rose, Inflation Was Moderate In February
AMERICA - Published date: .
U.S. consumer spending rose moderately in February and momentum is set to fade rapidly in the coming months, with the co... Read more
Tudor Jones Says DC Coronavirus Aid Is Biggest Fiscal-monetary 'bazooka' Ever, More Like 'nuclear Bomb'
AMERICA - Published date: .
"We did in two weeks what it took the Fed eight months to do in 2009," hedge fund manager Paul Tudor Jones told CNBC. Read more
US Economy Grew At 2.1% Rate In Fourth Quarter
AMERICA - Published date: .
The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the las... Read more
Bernanke Says Fed Chief Powell 'got Ahead Of This,' And 'going Big' Was Right Thing To Do
AMERICA - Published date: .
Bernanke told CNBC the Federal Reserve acted with appropriate force. Read more
US Durable Goods Orders Unexpectedly Jump 1.2% In February
AMERICA - Published date: .
New orders for long-lasting U.S. manufactured goods unexpectedly rose in February, but are set to decline as strict meas... Read more
Weekly Mortgage Applications Tank 29% As Coronavirus Sidelines Homebuyers
AMERICA - Published date: .
A hike in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to ... Read more