Mortgages

A second wave of coronavirus cases in the fall will probably push the U.S. unemployment rate higher again, Federal Reserve Bank of Minneapolis President Neel Kashkari said on Twitter.

The U.S. labor market has continued to heal at a relatively rapid rate through early June, St. Louis Federal Reserve researchers found, using real-time data that provides a more timely view than official government reports.

With interest rates on hold until the picture is clearer, the Summary of Economic Projections should take center stage.

Jobs added and the unemployment rate well below expectations suggest April may have been the bottom.

The ADP employment report was better than expected, but the real test will be Friday's employment report.

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.

The Affordable Housing Credit Improvement Act last week achieved a milestone by garnering bipartisan cosponsorship by more than half of the 435 members of the House.

Strong data and reassuring words from a Fed official couldn’t stop market virus fears from spreading.

Economists surveyed by IFR Markets expect Friday’s employment report to show a gain of 175,000 jobs in February.

The threat posed by the COVID-19 virus remains a future danger to the economy’s well-being.

GDP, jobless claims, pending homes sales rise while durable goods orders decline.