Tag: economic performance

Americans are anxious. That’s bad news for the White House – and stocks.

As coronavirus cases surge in many American states, policymakers bicker about how to manage the pandemic, and jobless benefit claims tick back up, consumer confidence...

Home prices kept on rising in May, but at a slower rate, Case-Shiller index shows

The numbers: Home-price appreciation maintained a steady pace in May amid the coronavirus pandemic, according to a major price barometer released Tuesday. The S&P CoreLogic...

This week we’ll learn the size of the hole the U.S. economy fell into when COVID-19 struck

There are good economic reports, there are bad ones, and in some rate cases there are ugly ones. This week, we get ugly. We will...

Here’s the good news and bad news about China GDP data

This photo taken on July 12, 2020 shows residents standing before an inundated pavilion in the swollen Yangtze River in Wuhan in China’s central Hubei...

Treasury yields edge lower as doubts of U.S. recovery creep up as coronavirus cases spike

Treasury yields retreated from their session highs Thursday, amid haven buying driven by concerns that recent U.S. labor-market gains seen in June’s job report could...

Silicon Valley economy remains strong 100 days into coronavirus, compared to other industries

While virtually every aspect of the U.S. economy has been hit hard during the coronavirus pandemic, the technology industry and its hub in Santa Clara...

Dow futures rise as market watches for jobless claims and quarterly results from Apple, others

U.S. stock-index futures indicated modest gains Thursday morning, a day after stocks finished at the highest levels in weeks, as investors pored over a parade...

Sinking U.S. economy hasn’t hit bottom yet

The coronavirus capsized what had been the longest expansion in U.S. history. Now the wait is on to see how far the economy sinks before...

Coronavirus creates a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years amid 22 million job losses

“It was the best of times, it was the worst of times…it was the spring of hope, it was the winter of despair,” to borrow...

Mortgage rates almost drop to another record low — here’s why a housing market slowdown won’t push them lower

Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing...

These U.S. housing markets are most vulnerable to a coronavirus downturn

The U.S. housing market has shown early signs of trouble as a result of the economic downturn caused by the coronavirus pandemic. But at the...

16 million people just got laid off but U.S. stocks had their best week in 45 years

This was the best of weeks, and it was the worst of weeks. To start with the “worst:” we learned that 6.6 million more people...

The coronavirus crisis will leave 3 long-term scars, even if the economy recovers in the fourth quarter, Pimco warns

The U.S. economy is in the midst of one of the deepest, most painful recessions the country has ever seen, but, as long as the...

America’s housing market is showing the first signs of trouble from the coronavirus pandemic

March started out as a strong month for the U.S. housing market — but by the second half of the month, the first indications that...