Money & The Economy
News on Finance, Money, markets and the economy
Houston is top relocation destination for 9th consecutive year
Houston is the No. 1 U.S. Destination City according to the latest U-Haul migration trends report, continuing its run atop…
Read More »Trump Admin Launches Investigation Into Foreign Car Imports That May Have ‘Eroded’ US Industry
by Vandana Rambaran The Trump administration announced Wednesday that it will launch a national security investigation into car and truck…
Read More »Existing-Home Sales Slide 2.5 Percent in April
After moving upward for two straight months, existing-home sales retreated in April on both a monthly and annualized basis, according…
Read More »First-Time Homebuyers Pull Back For The First Time Since 2014
A new report released Thursday shows that first-time homebuyers bought fewer homes than the previous year for the first time…
Read More »Strong Demand Pushes Up New York City Rents Ahead of Peak Rental Season
Ahead of peak rental season, apartment shoppers can expect to see slightly higher rent prices than last year, particularly in…
Read More »Hormel Foods Announces Record Second Quarter Results And Reaffirms Full Year Guidance
Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the second quarter of fiscal…
Read More »Trump Effect: The US Overtakes Hong Kong at First Place Among World’s Most Competitive Economies
The 2018 IMD World Competitiveness Rankings emphasize a long-term trend highlighted in past editions – that the countries on the top of…
Read More »Auto Sales Expected to Lift in May
Edmunds forecasts that 1,565,683 new cars and trucks will be sold in the U.S. in May for an estimated seasonally adjusted annual…
Read More »Trump Effect: Summer Hiring Strongest in a Decade; Employers Turning to Benefits and Wages to Compete for Workers
A new survey revealed that the overwhelming majority (95 percent) of employers are adding more shifts this summer and more than…
Read More »REPORT: Dysfunctional Policies Force New Yorkers To Pay 46 Times More For Energy Than Their Neighbors
by Tim Pearce Natural gas prices in the New York City region skyrocketed in January, costing New Yorkers roughly…
Read More »Retail credit card delinquency highest since 2011
Delinquency rates on private label retail credit cards rose 57 basis points to 4.65 percent over March 2017 on outstanding balances of $81.7…
Read More »KBB: 10 Coolest New Cars Under $20,000 for 2018
While the average new car on the road today costs more than $35,000, there are still plenty of vehicle options available…
Read More »Truck Tonnage Index Increased 2.2% in April, 9.5% year-over-year
All of the recent economic indicators, current and forward-looking have demonstrated that the Trump administration’s America First agenda is having…
Read More »Trump Effect: U.S. CEOs’ Confidence Soars As Hunt For Sustained Growth Continues
U.S. chief executives are highly confident in the growth prospects for their companies over the next three years and will…
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