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2901. Existing home sales prices hit an all-time high... (permalink)
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score: 2, Economy, 2020-08-22 00:05:50, published by CNN
Buoyed by record low mortgage rates and an influx of remote workers seeking more living space, existing home sales surged by a record setting 24.7% month-over-month in July with prices hitting an all-time high, according to the National Association of Realtors (NAR). &l... [additional details]
2902. The New Jersey senator debates Trump's version of how the economy... (permalink)
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score: 2, Economy, 2020-08-21 04:05:36, published by CNN
Read: Andrew Yang's remarks | En Español ... [additional details]
2903. Steve Bannon, three others charged with fraud in border wall fundraising... (permalink)
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score: 2, Economy, 2020-08-21 02:05:45, published by CNN
New York federal prosecutors on Thursday charged President Donald Trump's former adviser Steve Bannon and three others with defrauding donors of hundreds of thousands of dollars as part of a fundraising campaign purportedly aimed at supporting Trump's border wall. ... [additional details]
2904. Timeline: A private border wall project began with a massive GoFundMe... (permalink)
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score: 2, Economy, 2020-08-21 00:05:37, published by CNN
The idea of a private border wall started with a GoFundMe campaign that rapidly raked in more than $20 million. Now prosecutors accuse former top Trump aide Steve Bannon and others tied to the project of defrauding donors and pocketing hundreds of thousands of dollars for personal expenses.... [additional details]
2905. Gap between rich and poor widening... (permalink)
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score: 2, Economy, 2020-08-20 20:06:03, published by CNN
There are two economic realities playing out in the US. Wall Street is surging but on Main Street the economy is spiraling. CNN's Vanessa Yurkevich reports. ... [additional details]
2906. Uber and Lyft prepare to shut down in California over new law... (permalink)
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score: 2, Economy, 2020-08-20 20:05:44, published by CNN
Uber and Lyft could be hours away from shutting down rideshare services in their home state of California amid a heated legal battle over a new law impacting how much of the on-demand economy classifies its workers. ... [additional details]
2907. Honig: Steve Bannon is in a lot of trouble ... (permalink)
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score: 2, Economy, 2020-08-20 17:05:36, published by CNN
Federal prosecutors charged Steve Bannon, President Donald Trump's former campaign adviser, and three others with defrauding donors of hundreds of thousands of dollars in a border wall fundraising campaign. Bannon has been arrested, according to a spokesman for the US attorney's office. Bannon's law... [additional details]
2908. Indictment in Bannon, border wall fundraising case... (permalink)
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score: 2, Economy, 2020-08-20 17:05:34, published by CNN
Steve Bannon, a former top ally of President Donald Trump, has been arrested along with three others in connection with an alleged scheme to defraud donors of hundreds of thousands of dollars in a border wall fundraising campaign. ... [additional details]
2909. COVID-19, political fights raise the question: Could the dollar lose its... (permalink)
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score: 2, Economy, 2020-08-20 15:06:50, published by USA Today
The recent weakening of the U.S. dollar has sparked concerns among some economists about whether it will remain the world's reserve currencyadditional details]
2910. Wall Street thinks a double-dip recession is more likely than... (permalink)
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score: 2, Economy, 2020-08-19 16:06:12, published by CNN
America's stock market has swiftly recovered from the pandemic. Sophisticated investors don't think the real economy will do the same. ... [additional details]
2911. 1 in 4 hotels can't pay their mortgages... (permalink)
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score: 2, Economy, 2020-08-19 15:05:56, published by CNN
In a desperate plea for help, the hotel industry said it faces a default disaster, in which 25% of hotels are at risk of foreclosure. ... [additional details]
2912. How did the stock market hit a record amid COVID-19 fueled recession? Here's... (permalink)
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score: 2, Economy, 2020-08-19 14:06:45, published by USA Today
The U.S. economy is in one of the sharpest economic downturns since the Great Depression yet the stock market reached a new record high. Here's why.... [additional details]
2913. This could be Biden's LBJ moment... (permalink)
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score: 2, Economy, 2020-08-19 14:06:12, published by CNN
In 2020, crisis abounds. The Covid-19 pandemic has taken over 170,000 American lives, and destroyed millions of livelihoods. In the second quarter alone, the American economy contracted by a third -- nearly four times worse than the worst quarter of the Great Depression. Meanwhile, one poll found th... [additional details]
2914. COVID-19, visas, Trump: International students turning away from US colleges... (permalink)
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score: 2, Economy, 2020-08-19 12:06:37, published by USA Today
American colleges stand to lose hundreds of thousands of international students — and the billions of dollars they spend — because of COVID-19.... [additional details]
2915. The stock market closes at a record high, defying the COVID-fueled recession... (permalink)
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score: 2, Economy, 2020-08-18 23:06:37, published by USA Today
The U.S. stock market hit an all-time high Tuesday, staging a stunning turnaround propelled by Big Tech as trillions of dollars in stimulus aid from the Federal Reserve and Congress helped prop up an American economy gripped by recession.... [additional details]
2916. Multiple states say the opioid crisis cost American economy over... (permalink)
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score: 2, Economy, 2020-08-18 08:05:50, published by CNN
Opioid manufacturers have cost the American economy $2.15 trillion, according to a notice of claim filed in bankruptcy court by nearly every US state and many territories. &l... [additional details]
2917. Former CIA officer charged with spying for China, conspiring with relative... (permalink)
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score: 2, Economy, 2020-08-18 00:06:38, published by USA Today
Former CIA officer Alexander Yuk Ching Ma is accused providing U.S. secrets to China in exchange for thousands of dollars in cash and gifts.additional details]
2918. Coronavirus: Japan suffers its biggest economic slump on record... (permalink)
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score: 2, Economy, 2020-08-17 06:05:10, published by BBC
The world’s third largest economy saw growth contract by a record 27.8% amid the coronavirus pandemic. [additional details]
2919. Cardi B wants AOC to run for president in 2024. She didn't say... (permalink)
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score: 2, Economy, 2020-08-16 23:05:43, published by CNN
Cardi B likes dollars, diamonds, stunting, shining -- and Rep. Alexandria Ocasio-Cortez. ... [additional details]
2920. Masters without fans delivers huge blow to Augusta economy (permalink)
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score: 2, Economy, 2020-08-16 17:06:45, published by USA Today
Augusta National Golf Club does not release attendance figures for the Masters, but leaders expect a 'tremendously different headcount' in November.... [additional details]
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