Austan Goolsbee on the potential U.S. market and economic outlook under President Trump.
Contracts to buy previously owned U.S. homes dropped in January on a shortage of inventory in the Midwest and West regions, the National Association of Realtors said on Monday.
U.S. stocks struggled to find direction in early afternoon trading on Monday, shortly after the S&P 500 and the Dow hit record intraday highs on President Donald Trump's comments of a "big" infrastructure statement on Tuesday.
Orders for long-lasting factory goods climbed last month due to purchases of military and civilian aircraft, overshadowing a weak start to 2017 for business investment in new machinery and other equipment.
President Trump’s promise to revive the U.S. manufacturing sector could have an unintended consequence: stimulating a marriage boom.
A gauge of consumer sentiment fell slightly in February, but remained near a decadelong high, as self-identified republicans and independents remain confident in the economy after the election of Donald Trump.
Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates.
Wall Street edged higher on Friday, with the Dow extending its streak of record-setting gains to 11 days, as increases in utilities and other safety plays outweighed declines in financials.
The number of Americans filing for unemployment benefits rose slightly more than expected last week, but the four-week average of claims fell to its lowest level since 1973, pointing to strengthening labor market conditions.
U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.
President Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad.
The NFL's return to Mexico City last November to stage the first-ever Monday Night Football game outside the United States had a $45 million economic impact on the city, the league said on Thursday.
U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy.
U.S. stocks were modestly weaker on Wednesday after the release of minutes from the Federal Reserve's latest meeting showed many of the central bank's policymakers said it may be appropriate to raise interest rates again "fairly soon."
Home Depot says home-improvement spending is hot and will continue to drive sales growth in 2017.
Uncle Sam is creating a headwind for the world's biggest retailer.
U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump.
The American working class lost a shocking amount of wealth in recent decades as wages stagnated.
Wal-Mart will report fiscal fourth-quarter results before the market opens Tuesday.
House Speaker Paul Ryan on Thursday defended the controversial border adjustment tax, which he called “good manufacturing policy,” during his weekly press conference with the media.