Tag: Recessions and depressions
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...
US average mortgage rates decline; 30-year loan at 2.95%
WASHINGTON — Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s...
Bank CEOs return to testify in front of divided Congress
WASHINGTON — The chief executives of the nation’s largest banks are back in front of Congress, where they are likely to face another round...
Study suggests French used more meds to cope with pandemic
PARIS — An increasing number of French are feeling anxious and having a hard time falling asleep at night, apparent effects of the coronavirus...