Mortgages

While the headline number improved, key components tell different story.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

Jobless claims went down for the sixth week in a row and the figure is now below 3 million for the first time since the week of March 14.

IRS General Counsel Michael Desmond said Wednesday his office has received “a number of requests” for extending deadlines.

Initial jobless claims continued to slide, but remain above the 3 million mark, as an expected ugly unemployment report is on deck.

Even while the nation's economy is reeling from the impact of COVID-19, the municipal bond market is good news for cities looking to restructure their debt because of historically low interest rates.

Wednesday’s economic data were not as bad as projected, but included just the beginning of the effects of the coronavirus on the economy.

Consumer confidence dropped in March as the economy shut down to prevent the spread of the coronavirus, but economists expected a larger decline.

New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.

With a significant decline in new infections in China, positive news may be ahead, one expert says.