Economy
GDP Q4 2018 final reading
Economic growth in the U.S. slowed in the final part of 2018, with GDP posting a gain of just 2.2 percent in the fourth quarter, the Commerce Department reported Thursday. The final reading was in […]
Economy
Economy
China pledges to expand opening its financial market as the US trade delegation arrives
Li also sought on Thursday to ease investors’ concerns over China’s cooling economy, saying Beijing has enough policy tools to fight a “hard battle.” Li said China will cut “real interest rate levels” and lower […]
Economy
Mortgage applications surge nearly 9 percent on lower rates
Borrowers and buyers awoke to a new normal in housing affordability last week, as mortgage rates dropped to the lowest level in more than a year and are now expected to stay low for a […]