One of the most telling indicators regarding the strength of the U.S. economy is the rate of new homebuilding. U.S. homebuilders now have to think twice about their optimistic forecasts for a robust housing recovery. The monthly National Association of Home Builders/Wells Fargo Housing Market Index...
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The Wall Street behemoth JPMorgan Chase today launched a $75 million global plan to address youth unemployment by increasing young peoples' access to relevant, skills-based training. The New Skills for Youth initiative is intended to increase the number of young people who enter career pathways...
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Data released by the S&P Dow Jones Indices and the rating agency Experian shows that Americans are doing a good job of keeping their credit in check. The composite rate for consumer credit defaults in December stood unchanged at 0.97%, as shown by the data, while the default rate for bank...
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The newly released December report from the California Association of Realtors (CAR) shows California residential real estate ending the year with a bang after a weak November. Year-over-year sales figures for existing, single family homes were up 10.7 percent in December, and up 9.6 percent from...
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