News

Are More Fed Rate Hikes Ahead This Year?

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As expected, the Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday. The

What to Look for This Week

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Updates on housing, jobs and the Fed meeting highlight a busy week ahead. On Tuesday, look for home price

Family Hack of the Week

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The start of tax season often brings an uptick in tax-related scams. These reminders from the IRS will help

Economic Slowdown and Recession Signs Continue

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Several reports released last week continue to show that the economy is slowing. The National Association for

Caveats to Positive Fourth Quarter GDP

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The first reading of Gross Domestic Product (GDP) for the fourth quarter of last year showed that the U.S.

Initial Jobless Claims Decline for Second Consecutive Week

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The number of people filing for unemployment benefits for the first time fell by 6,000 in the latest week, as

New Home Sales Ticked Higher in December

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New Home Sales, which measure signed contracts on new homes, rose 2.3% in December to a 616,000-unit

Pending Home Sales Rise for First Time in Six Months

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Pending Home Sales rose 2.5% from November to December, ending sixth straight months of declines. However,

Inflation Turning the Corner

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The Fed’s favorite measure of inflation, Personal Consumption Expenditures (PCE), showed that headline

Wholesale Inflation Much Cooler Than Estimates

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The Producer Price Index (PPI), which measures inflation on the wholesale level, fell by a greater than

Two Sides to Housing Starts Data

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Housing Starts, which measure the start of construction on homes, fell 1.4% from November to December. Starts

Manufacturing and Retail Sales Data Point to Economic Slowdown

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Recent reports offer more signals that the economy is slowing. In the manufacturing sector, there were

Family Hack of the Week

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Get that glass of milk ready! These Classic Peanut Butter Cookies courtesy of our friends at Allrecipes are a

Jobless Claims Continue to Reflect Slower Pace of Hiring

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Initial Jobless Claims declined by 15,000 in the latest week, as the number of people filing for unemployment

Is the Uptick in Builder Confidence a Turning Point for Housing?

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The National Association of Home Builders (NAHB) Housing Market Index, which is a near real-time read on