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1221. Consumers still don't feel great about the economy, despite lower... (permalink)
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score: 2, Economy, 2022-08-12 21:06:07, published by CNN
Consumer sentiment in August continued to rebound from its June trough, but Americans' feelings about the economy remain profoundly depressed from a year earlier, weighed down by uncertainty about inflation and the job market. [additional details]
1222. Everyone is confused about the economy. Here's what analysts say... (permalink)
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score: 2, Economy, 2022-08-12 16:05:40, published by CNN
There appears to be some confusion about the trajectory of prices in the US. That's partially because month-over-month inflation eased in July while year-over-year, it remained near historic highs. ... [additional details]
1223. Home prices hit a new record high in the second quarter ... (permalink)
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score: 2, Economy, 2022-08-12 01:06:00, published by CNN
Despite rising mortgage rates that dampened sales, home prices continued to climb higher in the second quarter, with many more cities seeing double-digit price gains than in the first part of the year. [additional details]
1224. FTC weighs sweeping new rules on 'commercial surveillance' and... (permalink)
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score: 2, Economy, 2022-08-11 21:05:57, published by CNN
The Federal Trade Commission is considering whether to write sweeping new regulations that could restrict how businesses collect and use consumer data, hinting at a possible crackdown on commercial algorithms and a sprawling economy powered by the personal information of millions of America... [additional details]
1225. The streaming wars are over... (permalink)
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score: 2, Economy, 2022-08-11 20:05:59, published by CNN
In November 2019, Disney debuted Disney+, kicking off the so-called streaming wars and prompting companies across the media world to spend billions of dollars to launch services to take on Netflix. [additional details]
1226. Mortgage rates climb above 5% once again... (permalink)
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score: 2, Economy, 2022-08-11 17:05:50, published by CNN
Mortgage rates climbed above 5% again, after dipping below that threshold for the first time in months a week earlier. While the volatility in mortgage rates remains, there are signs that the housing market is starting to stabilize. [additional details]
1227. Opinion: It's not just Equifax. The whole credit reporting system... (permalink)
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score: 2, Economy, 2022-08-10 22:06:06, published by CNN
America's credit reporting system is broken. We saw the latest evidence of this last week, when news broke that Equifax sent lenders millions of incorrect credit scores, some of which were off by at least 25 points, for consumers applying for auto loans, mortgages and credit cards. [additional details]
1228. Warby Parker is slashing jobs as inflation takes a toll on fashion... (permalink)
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score: 2, Economy, 2022-08-10 14:06:04, published by CNN
Trendy eyewear brand Warby Parker is the latest in a string of retailers struggling to stay the course as a wobbly economy forces households to pare back and rethink their discretionary buying. [additional details]
1229. China property crisis: Why homeowners stopped paying their mortgages... (permalink)
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score: 2, Economy, 2022-08-10 01:05:31, published by BBC
The country's property sector is struggling with a cash crunch, forcing buyers to take extreme steps. [additional details]
1230. China housing crisis: The people living in unfinished apartments... (permalink)
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score: 2, Economy, 2022-08-09 02:05:14, published by BBC
China’s massive economy is being threatened by a crisis in the real estate market. As developers spiral into debt, some people have decided to move into unfinished apartments. [additional details]
1231. China posts record $101 billion trade surplus but export boom... (permalink)
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score: 2, Economy, 2022-08-08 11:06:14, published by CNN
China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. [additional details]
1232. America's strong dollar is hurting everyone else... (permalink)
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score: 2, Economy, 2022-08-07 19:05:59, published by CNN
The US dollar has been on a tear this year. That's good news for American tourists gallivanting around Europe, but bad news for pretty much every other country in the world. [additional details]
1233. Nebraska and Colorado are sparring over water rights. It could... (permalink)
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score: 2, Economy, 2022-08-06 11:06:26, published by CNN
Residents on this state line have built their industry, economy and lives around the South Platte River. But as an intense and widespread drought digs into the High Plains, flows have decreased. [additional details]
1234. 'Jaw-dropping number:' Ex Obama economic adviser on the jobs report... (permalink)
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score: 2, Economy, 2022-08-05 21:06:09, published by CNN
Austan Goolsbee, former chairman of the Council of Economic Advisers under President Obama, breaks down the July jobs report, noting a low unemployment rate and explaining how the economy could continue to unfold in the near future. [additional details]
1235. Economy adds 528,000 jobs in July as hiring surges despite high inflation.... (permalink)
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score: 2, Economy, 2022-08-05 14:06:37, published by USA Today
The economy added 528,000 jobs in July despite a slowing economy and high inflation, Unemployment fell from 3.6% to 3.5%.... [additional details]
1236. Wall Street's lavish bonuses are getting slashed... (permalink)
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score: 2, Economy, 2022-08-04 22:06:28, published by CNN
Last year was a busy, chaotic one on Wall Street. Mergers, acquisitions and new stock listings were going a mile a minute, underpinned by a generally jolly mood. The economy was bouncing back. Vaccines dimmed the risks posed by Covid. Money was essentially free to borrow. There was a war fo... [additional details]
1237. Analysis: Actually, Millennials are less entitled... (permalink)
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score: 2, Economy, 2022-08-04 04:05:09, published by CNN
Neither inflation nor a global pandemic can stop the gig economy, it seems. [additional details]
1238. Airbnb says demand is soaring even amid economic uncertainty... (permalink)
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score: 2, Economy, 2022-08-03 16:06:43, published by CNN
Demand for Airbnb bookings continues to soar even as high gas prices and inflation weigh on consumers and the economy. [additional details]
1239. Long price decline has gas near $4 again... (permalink)
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score: 2, Economy, 2022-08-03 16:06:31, published by CNN
Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown. [additional details]
1240. Pelosi's Taiwan trip is another knock to China's yuan... (permalink)
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score: 2, Economy, 2022-08-03 15:06:14, published by CNN
China's yuan has fared better than many other major currencies this year. It's shed 6.5% against the US dollar, holding its ground as the greenback has gone on a breakneck rally. The euro, the British pound and South Korea's won have all dropped more than 10%, while Japan's yen has plunged ... [additional details]
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