Tag: Recessions and depressions
Claudette regaining strength after 13 killed in Alabama
ATLANTA — Claudette was regaining strength early Monday and expected to return to tropical storm status as it neared the coast of the Carolinas...
US average mortgage rates mostly lower; 30-year at 2.93%
WASHINGTON — Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent...
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...
US average mortgage rates tick lower; 30-year loan at 2.96%
Mortgage rates remained near historic lows this week. The benchmark 30-year home loan held below the 3% mark amid further signs of the economy’s...
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs.
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EXPLAINER: 5 key takeaways from the May jobs report
WASHINGTON — The American economy delivered 559,000 added jobs in May.
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US average mortgage rates flat to higher; 30-year at 2.99%
WASHINGTON — Mortgage rates were flat to higher this week. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications...
Brazil’s economy grows more than expected in first quarter
RIO DE JANEIRO — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many...
In visions of post-pandemic life, Roaring ’20s beckon again
NEW YORK — History repeats itself. But do decades duplicate?
As...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
