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Two key inflation reports are on deck: February’s Consumer Price Index (CPI) on Wednesday and January’s Personal Consumption Expenditures (PCE) report on Friday. The PCE release was delayed due to last fall’s government shutdown.
Housing data will also be in focus. Existing Home Sales will be released on Tuesday, home builder confidence arrives on Wednesday, and new...
This Chicken Noodle Soup recipe from Food Network is perfect for National Chicken Noodle Soup Day on March 13 or any time you crave a hearty, delicious bowl. Serves 4 to 6.
Heat a drizzle of olive oil in a heavy pot over medium-high heat. Season two boneless, skinless chicken breasts with salt and pepper, then cook for about 4 minutes per side, until fully cooked th...
Home prices slipped just 0.1% in January, according to Cotality’s latest Home Price Insights report. Despite the small monthly dip, values are still up 0.7% compared to a year ago, only slightly below December’s 0.9% annual pace.
What’s the bottom line?
The longer-term trend is encouraging. Cotality expects home prices to rise 4.4% over the next year, pointing to...
Several additional indicators point to a labor market that is losing momentum.
Revelio Labs reported 16,700 job losses in February in its non-farm payroll release. The firm gained attention last fall when its data helped fill the gap during the government shutdown.
Unemployment claims remain relatively low, with 213,000 new claims filed. However, this fig...
While the government’s jobs report showed losses, separate data from ADP noted that private employers added 63,000 jobs in February, topping expectations of 50,000. Small businesses drove nearly all the gains (+60,000), while medium-sized firms cut 7,000 jobs and large companies added 10,000.
What’s the bottom line?
Even though ADP beat forecasts, hiring was ...