Construction spending rises by 0.2% in November
admin Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported…
Read MoreEconomic Performance/Indicators
One-third of world economy expected to be in recession in 2023, says IMF chief
This year is going to be tougher on the global economy than 2022, the International…
Read MoreStock-market investors face 3 recession scenarios in 2023
With the U.S. stock market on track for its biggest annual decline in over a…
Read MoreDow up 300 points as jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a…
Read MoreU.S. jobless claims move higher in latest week
The numbers: Initial jobless claims rose by 9,000 to 225,000 in the week ended December…
Read More‘Five days that killed the year’: These trading sessions accounted for 95% of the S&P 500’s losses in 2022
Just five trading sessions accounted for more than 95% of S&P 500 index losses in…
Read MoreU.S. pending home sales fall 4% in November to the lowest level since April 2020
The numbers: U.S. pending-home sales fell 4% in November, which is the sixth straight monthly…
Read MoreHome price growth falls in October, as market feels effect of high mortgage rates
The numbers: The S&P CoreLogic Case-Shiller 20-city house price index rise fell 0.5% in October,…
Read MoreConsumer sentiment creeps up at year end as worries about inflation ease
The numbers: A survey of consumer sentiment rose to 59.7 in December, buoyed by falling…
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5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising,…
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