Recent Articles from Martin Crutsinger, AP Economics Writer
Powell sees potential threats from global slowdown
Federal Reserve Chairman Jerome Powell said Wednesday that the U.S. economy is performing well but he’s eyeing potential risks ahead. Those include a slowdown in global growth, the fading impact […]
Fed leadership overhaul widens under Trump
A revamping of the Federal Reserve’s leadership is widening with the announcement that William Dudley, president of the New York Fed and the No. 2 official on the Fed’s key […]
Fed official supports September start for bond reductions
A member of the Federal Reserve’s interest-setting committee said Wednesday it would be appropriate for the central bank to announce next month that it will begin trimming its $4.5 trillion […]
US construction spending hits highest level in 10 years
WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending […]
US construction spending fell again in August
WASHINGTON (AP) — U.S. builders trimmed spending on construction projects in August for a second straight month with housing, non-residential and government activity all seeing declines. Construction spending dropped 0.7 […]
US consumer confidence jumps in September
WASHINGTON (AP) — U.S. consumer confidence in September rose to the highest level in nine years, a hopeful sign that economic growth will accelerate in coming months. The Conference Board […]
Sales of new homes tumbled 7.6 percent in August
WASHINGTON (AP) — Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country […]
Why some Fed voting members hold more influence than others
WASHINGTON (AP) — Janet Yellen’s Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal […]
Fed keeps key rate unchanged but hints of coming hike
WASHINGTON (AP) — The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year’s end. The Fed said in a statement […]
With economic outlook hazy, Fed likely to leave rates alone
WASHINGTON (AP) — Again and again in recent months, the Federal Reserve has signaled that it’s edging closer to resuming the interest-rate hikes it began in December. It just doesn’t […]
Yellen suggests rate hike is coming but offers no timetable
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Fed is moving toward raising interest rates in light of a solid job market and an improved outlook for the […]
Yellen, in speech Friday, could send signal about next hike
WASHINGTON (AP) — The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs. All that would normally trigger a green light […]
Latest News
- Construction employment increases in 223 of 358 metro areas
- A rising number of rentals drives down rent prices for third straight month
- CP Group announces four new leases at Harris Corners in Charlotte
- Developer files plans for 384-acre mixed-use project in Kings Mountain
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- Construction firms add 19,000 jobs in July as sector’s unemployment level hits 3.9 percent
- Profits on home sales rebound across U.S. in second quarter as housing market revives
- 47% of employees say they’ll quit if employer orders return to office full time
- U.S. housing market avoids crash, but challenges remain for buyers and sellers
- Rate-lock tipping point: Homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- 50 Most Influential Women announced
Features
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- How to Buy Your First Home
- Buying and Selling in the time of COVID-19
- PERSONNEL FILE: Peters joins Showcase Realty
- PERSONNEL FILE: Mellor joins Henderson Properties of Charlotte
- REZONING ROUNDUP: Greenway Residential Development seeks rezoning of 12.3 acres
- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
- PERSONNEL FILE: McCarty has joined LS3P
- PERSONNEL FILE: Graham joins Paragon Bank
- PERSONNEL FILE: Bowman is licensed professional engineer