by | Feb 20, 2025 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.3% in January 2025 to 101.5, after a 0.1% increase...
by | Feb 13, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Appearing before The Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force—established by the House Financial Services Committee in January—Federal Reserve Chair Jerome Powell was questioned about the Fed’s independence amid political...
by | Feb 12, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to rise for the fourth consecutive month, continuing a reversal from its decline throughout most of 2024. The Consumer Price Index (CPI)—one of the main measures of inflation—rose 0.5% in January, according to the latest data from the Bureau of...
by | Feb 11, 2025 | Economy, Industry News, Latest News, National, News, Premier |
After an aborted launch on Sat. Feb. 1, 2025, President Trump’s 25% tariffs on imports from Canada and Mexico have been postponed to a Mar. 6, 2025 launch—new tariffs on China remain in effect. In the meantime, though, real estate analytics giant CoreLogic has...
by | Feb 7, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Total nonfarm payrolls increased by 143,000 in January, while the unemployment rate ticked down slightly to 4%, the U.S. Bureau of Labor Statistics reported on February 7. Job gains were in the healthcare, retail trade and social assistance sectors, while job losses...
by | Feb 4, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Politics, Premier |
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds rate—the rate banks charge each other for overnight loans—has an indirect...