The Bureau of Economic Analysis will release tomorrow the latest Personal Income and Outlays report. Economists surveyed by Bloomberg forecast a month-to-month personal income increase […]
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Five Things to Watch in the March Durable Goods Report
On Wednesday, the Census Bureau will release the advance report on durable goods, showing the level of manufacturing orders and shipments for March. Most economists […]
Five Things to Watch in February Case-Shiller Report
Home prices will likely continue to decrease in February because of ongoing high-interest rates and an inflation-encumbered populace. Some economists predict that Tuesday’s release of […]
Inflation Puts the Squeeze on Charitable Food Assistance
Andy Lo first felt the squeeze of inflation in early 2021, when he noticed the price of food go up. “I used to get a […]
Home Prices Continued Their Slow Decline in January but Is an Acceleration in Price Drops Due For Spring?
U.S. home prices declined modestly for a seventh-straight month in January, though the Federal Reserve Board’s continued rate increases despite March’s regional banking wobbles may […]
As Inflation Rises and Credit Card Debt Soars, Millennials are Opting to ‘Buy Now, Pay Later’
On March 28th, Apple announced Apple Pay Later, its new Buy Now, Pay Later offering. With the unveiling, Apple joins a financial trend that has […]
U.S. households spent considerably less in February after a spending spree in January
Personal consumption expenditures decreased on a month-to-month basis, while wages in the private sector continue to increase Consumers considerably slowed their spending in February, but […]
New Jobs Report Could Signal End of Post-Pandemic Economy
The next jobs report is expected to show slower but still substantial job growth, in the latest sign of cooling due to Federal Reserve interest […]
U.S. goods trade deficit grew in January to widest in three months
The US economy continue stronger than expected. The U.S. trade deficit in goods is widest gap in three months in January, according to data released […]
China’s local governments are struggling to pay their bills
Last September, 29-year-old graduate Alex Xu began her first day as an English teacher at a public elementary school in Shenzhen, one of the richest […]