by Eliot Force | Mar 7, 2024 | Economy, Featured, Housing
Home prices grew at a solid rate in December despite persistent high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 5.5% year-over-year increase for the month of December. That’s up from a 5.0% increase in November....
by Hannah Fierick | Mar 5, 2024 | Economy, Featured
Durable goods orders fell sharply in January as transportation equipment orders declined. Orders dropped 6.1% to $276.7 billion in new orders from December, following a marginal decrease of 0.3% the previous month, according to the Census Bureau. Transportation...
by Sabir Hasko | Feb 19, 2024 | Economy
Consumer prices rose more than expected in January and started the year with a disappointing inflation report, which might delay interest rate cuts by the Federal Reserve. The Consumer Price Index rose 3.1% compared to a year earlier, down from 3.4% in December,...
by Evelin Fajardo-Alvarez | Feb 19, 2024 | Economy, Featured, Retail Sales
Retail sales tumbled more than expected in January as a result of colder than expected winter weather and the sharp decline in gasoline prices. Advanced Monthly sales for retail and food services declined 0.8%, the U.S. Department of Commerce reported Thursday, much...
by Diana Escamilla Fuentes | Feb 13, 2024 | Featured, International Trade
The U.S. trade deficit increased in December proving that the U.S. economy, especially consumer spending, remains strong. The trade deficit for goods and services in December grew to $62.2 billion, increasing by $0.3 billion over the revised November figure of $61.9...
by Mariam Kiparoidze | Jun 10, 2023 | Economy, Jobs
Photo by Microsoft 365 on Unsplash Imani Watts and Alex Hadley, both 24, had always been interested in thrifting and fashion. In the spring of 2020, they had a chance to take over a space where a thrift shop had to shut down because of the pandemic, and turned their...