Tag: economic performance

When fines and fees ruin lives

On a recent blustery September morning, Melissa Taylor stood in front of a gathered crowd in New York City. “New York State has been waging...

U.S. jobless claims fall to new pandemic low of 340,000 despite delta surge

The numbers: The number of people applying for U.S. unemployment benefits at the end of August fell to a new pandemic low, suggesting the delta...

U.S. stocks drift lower as investors prepare to close out a winning August

U.S. stocks were drifting lower Tuesday afternoon, with investor attention settling on employment data coming at the end of the week as major benchmarks remained...

U.S. stocks drift lower after records as investors assess jobless claims, GDP revision

U.S. stocks drifted slightly lower Thursday, as investors weighed data on second quarter economic growth and weekly jobless benefit claims, a day ahead of a...

Is the Fed overdoing it on stimulus? A majority of business economists think so

For the first time since the pandemic began a majority of business economists believe the Federal Reserve is providing too much stimulus, a marked shift...

Opinion: A pathway to citizenship could create 400,000 new jobs, but only if Congress acts

Even before the coronavirus crisis, the United States suffered from decades of sluggish economic growth, fueled in part by mounting inequality.  But our past doesn’t...

U.S. retail sales slump 1.1% due to shortage of cars and Amazon Prime hangover

The numbers: Americans cut spending at retail stores in July for the second time in three months, largely reflecting an Amazon Prime Day hangover and...

Opinion: Here’s the stock index you want to own to keep on top of inflation

The stock market is not a bad place to be if high U.S. inflation turns out to be more than transitory. It’s also not a...

U.S. stock futures hold steady as investors wait for consumer price data

U.S. stock futures were pointing to a mixed start, with technology stocks set to come under pressure on Wednesday as investors waited for important consumer...

China’s Export Machine Still Hums Despite Covid-19, Extreme Weather

BEIJING—Chinese export and import growth slowed in July as flooding and extreme weather at home disrupted factory and port operations and constrained consumption, while the...

If your employer fires you because you won’t get the COVID vaccine, don’t expect to collect unemployment

Each day more employers are telling employees they need to be vaccinated against COVID-19 to work in person or risk being fired. On Thursday CNN...

Treasury yields end higher as jobless claims fall

U.S. bond yields ended marginally higher Thursday as weekly data on jobless benefit claims fell and investors geared up for Friday’s July jobs report, following...

U.S. stock futures edge higher as investors focus on jobs data

U.S. stock futures rose on Thursday, after data showed weekly jobless benefit claims fell slightly as expected and investors began positioning for the monthly jobs...

Treasury yields mostly lower to kick off August

Treasury yields were mostly lower to kick off August trading on Monday, after the rates on 2- and 10-year notes saw their biggest monthly declines...

Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely

U.S. home prices have been rising at a record annual pace in recent months, fueled in part by historically cheap credit, the absence of properties...

A Popular Bet on Chinese Growth Is Falling Out of Favor

SYDNEY—China’s role as a key driver of the Australian dollar is being re-evaluated in global markets, helping send the currency to levels well below where traditional modeling suggests...

Expansion in China’s Factory Sector Hits Lowest Level in Months

Expansion in China’s factory sector in July hit the lowest level in nearly a year and a half, with a gauge of activity slipping in...

It’s happening: Young people are moving to golf communities

This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2021....

Dow win streak at risk ahead of tech results as China crackdown threatens rally

U.S. stock-index futures were mixed Tuesday morning ahead of quarterly results from some of the most prominent names in the technology sector, with a Chinese...

My father died recently, leaving me and two siblings a house with no mortgage. Should we sell it?

Dear MarketWatch, My father died recently and left me and two siblings a house with no mortgage. I am in the process of being declared...

Treasury yields rise Friday but 10 and 30-year debt mark third straight weekly slide

Yields for U.S. government debt on Friday rose slightly, but long-dated bond yields rang up a third straight weekly drop after Federal Reserve Chairman Jerome...

Dow futures drift higher as investors watch for retail sales to end the week

U.S. stock-index futures on Friday were trading slightly higher ahead of a data on June retail sales, after a week featuring assurances by Federal Reserve...

China’s Economic Growth Slows in the Second Quarter

BEIJING—China’s economic rebound slowed in the second quarter but continued to show unusual resilience more than a year after the country largely got control of...

Gold heads for highest finish in nearly a month as Powell says inflation will moderate

Gold futures headed toward their highest finish in nearly a month on Wednesday, with prices up for a second session. Softness in the U.S. dollar...

Why vegetarians are winning the inflation battle

Now is a great time to become a vegetarian. That’s because beef and pork-based foods are increasingly becoming more expensive. In June, Americans paid 4.5%...