Tag: Recessions and depressions
US average mortgage rates flat to higher; 30-year at 2.99%
WASHINGTON — Mortgage rates were flat to higher this week. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications...
Brazil’s economy grows more than expected in first quarter
RIO DE JANEIRO — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many...
In visions of post-pandemic life, Roaring ’20s beckon again
NEW YORK — History repeats itself. But do decades duplicate?
As...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
US average mortgage rates decline; 30-year loan at 2.95%
WASHINGTON — Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s...
Bank CEOs return to testify in front of divided Congress
WASHINGTON — The chief executives of the nation’s largest banks are back in front of Congress, where they are likely to face another round...
Study suggests French used more meds to cope with pandemic
PARIS — An increasing number of French are feeling anxious and having a hard time falling asleep at night, apparent effects of the coronavirus...
Bank CEOs return to Congress at time of deep partisan divide
WASHINGTON — The heads of the nation's big Wall Street firms were back on Capitol Hill on Tuesday, the start of two days hearings...
Survey: Business economists foresee best growth in 37 years
WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...
New England Pats gives flight to China’s vaccine diplomacy
MIAMI — The New England Patriots' team plane has delivered 500,000 Chinese-made COVID vaccines to El Salvador — and in the process inadvertently inserted...