by Teddy Grant | Mar 5, 2017 | Autos, Economy, Newest
Personal Income rose in January boosting consumer confidence in a week when President Trump tried to reassure Americans he can improve the economy. Personal income rose 0.4% or $63 billion, slightly ahead of the consensus of 0.3%, per surveys from Bloomberg. Some...
by Annie Nova | Mar 1, 2017 | Consumer Price Index, Economy, Newest
After years of slow growth, consumer prices in January rose at the quickest pace in four years, putting The Federal Reserve in the spotlight to raise interest rates soon. The consumer price index, which measures the fluctuations in costs for everything from wine to...
by Alix Langone | Feb 19, 2017 | Economy, Housing, Newest
Signaling optimism for the economy, housing starts were unexpectedly strong in January. Building permits led the way, suggesting future growth. Permits rose across the majority of the country, falling only in the West, a vital sign that builder confidence is up....
by Elena Popina | May 24, 2013 | Economy
Latoya Stevens of Laredo, Texas, in the third poorest congressional district in the country, is a single mother who works as part-time sales assistant. The only reason her daughters have food on the table is because they receive food stamps, $400 a month. Even so,...
by Andrew Welsch | May 15, 2013 | Economy
Fred Lemke’s RV dealership in Sacramento is doing brisk business, a noticeable improvement over last year and a relief after what Lemke said is the worst recession he’s seen in his four decades in the business. Lemke had $35 million in sales last year on his six and a...