September 2020 – Page 7 – Consumeriscommentary

A ‘Double Dip’ in The U.S. Economy is ‘Still Possible,’ Says Former Fed Official

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS There’s still a possibility that the U.S. economy will experience a “double dip” if the coronavirus outbreak is not managed well, said Dennis Lockhart, former...

Postponing An Election is Incredibly Hard, However Here’s What Experts State Might Happen to The Economy if The 2020 Election Were Held off

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS The chances of a delayed election is slim; the House and Senate must agree to postpone the election. Political chaos caused by a...

Powell Announces New Fed Approach to Inflation That Could Keep Rates Lower for Longer

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS Fed Chairman Jerome Powell announced a major policy shift Thursday to “average inflation targeting.” That means the central bank will be more inclined...

Another Million Applied for Jobless Benefits as Coronavirus Pandemic’s Economic Toll Rises

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS Initial U.S. jobless claims totaled just over 1 million for the week ending Aug. 22, down from 1.104 million in the previous week....

Fed’s Esther George Sees Risks Building of Double-Dip Recession

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS Kansas City Fed President Esther George said she has concerns about a double-dip recession should the coronavirus see a resurgence. However, she said...

Mortgage Demand From Homebuyers Spikes 33% Annually, Signaling No End to Summer Spree

tsadminSeptember 6, 2020September 6, 2020

KEY POINTS Mortgage applications to purchase a home rose just 0.4% last week from the previous week but were a remarkable 33% higher than a...

Home Prices Show Signs of Recovery, Rising 4.3% in June, According to Case-Shiller Index

tsadminSeptember 5, 2020September 5, 2020

KEY POINTS Home prices rose 4.3% annually in June, unchanged from the gain seen in May, according to the S&P CoreLogic Case-Shiller U.S. National Home Price...

Where do you want to work?

tsadminSeptember 5, 2020September 5, 2020

Commuting to the workplace 5 days a week is going to be a thing of the past for many workers. While we’ve seen some business...

Some Employees in The Office. Some at Home. How to Make it Work

tsadminSeptember 5, 2020September 5, 2020

There’s been a great deal of speculation about what work is going to look like after the pandemic. Some businesses have stated they’ll allow employees...