FoxBusiness: U.S. consumer spending slowed more than expected last month amid a resurgence in COVID-19 cases. Retail sales, a measure of spending at restaurants, stores and online, in July fell 1.1% to $617.7 billion, according to the Commerce Department. […]
Reuters.com: BEIJING, Aug 16 (Reuters) – China’s factory output and retail sales growth slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery […]
NYTimes.com: Supercharged by tight inventory and pent-up demand, home prices continued to rise in July, but at a slower rate. The pandemic created a frenzied real estate market in much of the United States that […]
Wallstreetjournal.com: A strengthening U.S. labor market added cushion to the economic recovery in July ahead of the Delta variant threat, with employers creating jobs at the best pace in nearly a year and the unemployment rate […]
MarketWatch.com: With the debate over inflation dominating financial markets as the global economy reopens from the COVID-19 pandemic, investors are turning to a number of so-called alternative-data sources in an effort to get a more […]
FoxBusiness: The massive – but temporary – social safety net that Congress put in place to financially support millions of Americans reeling from the coronavirus pandemic is unraveling. Over the course of a year, Congress approved […]
Realtor.com: To say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the economy was soon derailed by a global pandemic and […]
ZeroHedge: Entering The Overshoot Most market participants and policy-makers have been surprised by the speed of the recovery. On our estimates, the US economy will reach pre-COVID-19 output levels by the current quarter. From 3Q21 […]
FoxBusiness: Adults dependents, including college students, may be eligible for the money. House Democrats rejected a push from some of the party’s centrist members to sharply curtail which Americans will receive a third stimulus check. Under […]
CNBC: 1. Dow looks for back-to-back gains after last week’s decline The Dow is set to rise over 200 points at Tuesday’s open, looking for a second day of gains after last week’s nearly 3.3% decline. […]
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