by Safiyah Riddle | Mar 2, 2023 | Featured, Housing
The Federal Reserve seems to be getting what it wants – for housing at least. Rising mortgage rates slowed home buying at the end of last year, driving down home prices nationwide. Seasonally adjusted housing prices fell 0.8% in December and were 2.7% below the peak...
by Francisco Uranga | Feb 14, 2023 | Featured, Trade
NEW YORK— The U.S. trade deficit soared in 2022 and reached a historical record of nearly $1 trillion grew because of high oil prices, inflation, and the relative strength of the U.S. economy compared to the rest of the world. Annual net exports of goods and services...
by Francisco Velasquez | May 21, 2021 | Employment, Featured
Juline Chevalier packed her bags in June of last year when her position at the Minneapolis Institute of Art was eliminated. After five years and six months of working as a museum educator at the MIA, she returned to Virginia, where she continued working as the...
by Allison Nicole Smith | May 10, 2021 | Employment, Featured
The job market stumbled last month, dampening hopes for rapid economic recovery amid the coronavirus vaccination rollout, while crystallizing debate over the health of the economy. U.S. employers added a meager 266,000 jobs in April, the Labor Department reported...
by Aria Velasquez | May 3, 2021 | Featured, Trade
The March international trade report is expected to deliver news of another record-breaking trade deficit. The U.S. is importing and exporting more, a sign that the economy is finding its legs as it recovers from the pandemic-induced recession. The trade gap is...
by Allison Nicole Smith | Apr 29, 2021 | Featured, Personal Income
The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...
