A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries.
Category: United States Economy
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Top Fed Official Boosts Odds of a December Rate Cut
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’
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Buying a House Is Expensive. But There Are Some Ways to Rein In Costs.
The Trump administration has proposed 50-year and “portable” mortgages to make home buying more affordable. But housing experts offer other suggestions.
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection.
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Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection.
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California Has a Legal Clause for Housing That Could Put NIMBYs in a Corner
For years, the state has been nudging its cities to build housing to address a severe shortage. Maybe what they needed was a shove.
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Mexico Is Now the United States’ Top Buyer
For first time in at least 30 years, the United States has exported more to Mexico than Canada, U.S. government data show, in a sign of how much North American trade has consolidated.
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After Shutdown, Labor Department Says Some Data is Gone for Good
Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month.
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Home Depot Cuts Forecast as Consumers Pull Back on Spending
The big box retailer said tariff costs and elevated mortgage rates have slowed consumer spending on new homes and remodeling projects.