Tag: Economic Events
Used car prices high but expected to stabilize in 2024
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images)Brianna Souku [...]
The 2023 U.S. economy, in charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023.Ed Jones | AFP | Getty ImagesThe s [...]
Companies losing pricing power after years of unbridled spending
Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021.Nina Westervelt | Bloomberg | Getty ImagesA [...]
New car sales expected to rise next year
New Kia cars are displayed on the sales lot at San Leandro Kia on May 30, 2023 in San Leandro, California.Justin Sullivan | Getty ImagesDETROIT – Sale [...]
JPMorgan Chase (JPM) earnings 3Q 2023
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, [...]
Bank earnings kick off after another period of rising rates, bad loans
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters [...]
U.S. Latino economic output grows to $3.2 trillion, new study says
The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Lati [...]
Record high home prices mean you may have cash hidden in your home
Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lo [...]
Homebuilder sentiment rises in July, but high mortgage rates hurt
Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo [...]
JPMorgan bond chief Bob Michele sees worrying echoes 2008
Bob Michele, Managing Director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group at JPMor [...]
Mortgage demand drops despite rates coming off recent highs
A sign is posted in front of a home for sale on May 11, 2023 in San Francisco, California.Justin Sullivan | Getty ImagesMortgage rates fell back from [...]
Mortgage demand drops again as rates cross back over 7%
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31 [...]
Mortgage demand surged after Fed signaled potential pause in rate hikes
A display for a realtor with Coldwell Banker Dynasty TC, left, is displayed as she speaks with a potential homebuyer during an open house in Arcadia, [...]
U.S. bank deposits are safe
Paul Morigi | Getty Images Entertainment | Getty ImagesWarren Buffett said Americans should not be concerned about their bank deposits in the wake of [...]
Shrinking food stamp benefits challenge retailers
A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APFor some shoppers who already struggle t [...]