Housing starts fell in April, most of the decline was in apartment construction. Applications for new construction reached a five-year peak.
This is possibly the biggest rally ever and yet no one cares. As the stock market makes new high after new high, there are some very odd things going on.
The rebound from a weak March suggests consumers may help boost economic growth again this spring as retail sales edged up 0.1 percent in April from March.
Freddie Mac earned $4.6 billion in Q1, helped by a stronger housing market. They paid $7 billion to the U.S. Treasury toward their $170 billion bailout.
A new report says, there were 3.1 unemployed people, on average, for each job opening in March; above the ratio of 2 to 1 typical in a healthy economy.
A survey found that mothers clearly have the upper hand over fathers in getting the discussion on personal finance started with their adult children.
Investors turned more cautious on Monday as the momentum from an unexpectedly strong U.S. jobs report last week faded.
The Federal Reserve’s policies are at this juncture: Either commodity prices begin to reflate or these prices continue to melt and take the economy with it.
The job growth in April drove down the unemployment rate to a four-year low of 7.5 percent and sent a reassuring sign that the U.S. job market is improving.
The ADP report shows companies added 119,000 jobs in April, suggesting spending cuts and higher taxes could be weighing on the job market.