July 1, 2021
“After a jaw-dropping rally this spring, lumber prices have come back down to earth as supply increased, speculative trading action cooled and homebuilding demand eased. Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back… Continue Reading…
April 15, 2021
“Delta and its competitors continue to lose money but have grown upbeat about an improvement in bookings as more travelers are vaccinated, travel restrictions lift and more attractions reopen. The airline said domestic leisure bookings recovered to about 85% of 2019 levels, though… Continue Reading…
July 20, 2020
“U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment. The Commerce Department said on Thursday retail sales rose 7.5% last month. That was… Continue Reading…
July 17, 2020
“Construction of U.S. homes jumped 17.3% in June as some states reopened… The Commerce Department reported Friday that new homes were started at a seasonally adjusted annual rate of 1,186,000 in June after a modest recovery in May followed steep… Continue Reading…
July 3, 2020
“Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9… Continue Reading…
October 15, 2019
” Egypt’s economy is expected to grow 5.9% in the year ending in June, the International Monetary Fund said on Tuesday — unchanged from its April forecast but below the government’s target of 6% to 7%… In its World Economic… Continue Reading…
August 15, 2019
“The federal government spent a record $3,355,970,000,000 in the first nine months of fiscal 2019 (October through June), according to the Monthly Treasury Statement released today. Prior to this fiscal year, the most the federal government had ever spent in the… Continue Reading…
July 5, 2019
“The American jobs engine revived in June as hiring topped all economists’ estimates… Nonfarm payrolls climbed a solid 224,000 last month… a Labor Department report showed Friday. At the same time, the jobless rate ticked up to 3.7% from a… Continue Reading…
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