House Construction Weakens, but Building Permits Rise

Jul. 22 | The construction of new houses fell to a yearly low during June. The seasonally adjusted yearly rate for the month of June is 549,000, which is 5 percent lower than that of May. Earlier, it was predicted that the housing construction will fall to about...

Jobless Claims Lowest Amidst Weak U.S. Economy

Jul. 15 | According to the latest reports, U.S. jobless claims for this week is the lowest in two years. That is a good thing in itself, however the overall picture of the US economic growth is not so promising. This is evidenced by the reports showing that for...

Job Rate Slow Down Triggers Meager Stocks Prices

Jul. 2 | The latest findings about the jobless rate in the United States have decreased more than the expected. From a 9.7 jobless rate in May, it became 9.5 percent this month, which is surprisingly good news. This came at a time when a lot of workers stopped...

Mortgage Rate Lowest in 39 Years, Unemployment Lowers Down

Jun. 24 | Freddie Mac, which is a U.S. mortgage finance company, in fact the second largest one in the United States, conducted a survey about the mortgage rates in the U.S. This survey found out that in the past week, the mortgage rates dropped at a record low....

Bank of England’s Monetary Policy Remains Unchanged

Jun. 10 | BOE, or Bank of England, announced Thursday that their Monetary Policy remains the same. The MPC or the Monetary Policy Committee still maintained purchases of quantitative-easing bond at 200 billion Franks or, in dollars, $290.66 billion. Furthermore,...