Author: Educational Trades

New home sales crush expectations, but the supply is running out

Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the

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Racial inequality cost the economy $16 trillion over the last two decades, Citi finds

Citi has put a figure to the economic cost of racial inequality.

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Weekly jobless claims rise unexpectedly, total 870,000

Initial jobless claims were slightly higher than expected as the labor market continues its sluggish recovery from the coronavirus

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Existing home sales jump to 14-year high, as prices set another record

After a record-setting July, the housing market still shows no sign of cooling off. Existing home sales rose to

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Powell pledges the Fed’s economic aid ‘for as long as it takes’

While Powell said the accommodative policies will continue as needed, he added that the economy has improved.

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Michael Farr: The problem with the U.S. economy is there are too many poor people

It's easy to hate the rich for all that they have and all that you don't, but the rich

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Fed’s Bullard says ‘biggest growth quarter of all time’ will lift inflation

Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate

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U.S. weekly jobless claims total 860,000, vs 875,000 expected

First-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical new

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U.S. housing starts total 1.416 million in August, vs 1.478 million expected

U.S. housing starts were expected to total 1.478 million in August, down slightly from the 1.496 million reported for

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Fed picks its side in inflation debate and sends market a message — no rate hikes for years

The Fed does not expect to see inflation to pick up for years, and it is willing to keep

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