Business > U.S.

U.S. home prices grow at slowest rate in two years: report

10 monthes ago   |   By

The rate of price growth for homes across the country cooled in July for a fifth consecutive month, according to a recent Redfin analysis. The national median sales price grew at an annual rate of 5.3 percent last month , as the brokerage noted in its report cited by Mansion Global. July's slowdown is notable for reaching a low not seen since September 2016. Seattle, Portland and San Jose were...
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President Trump's Power Plant Plan May Increase U.S. Carbon Pollution

10 monthes ago   |   By

Donald Trump is poised to replace former President Barack Obama's plan to slash power plant greenhouse gas emissions with a substitute that could actually increase them.
The move, combined with a rollback of automobile efficiency mandates proposed earlier this month, represents a significant retreat from the fight against climate change by a president who's already vowed to pull the U.S. out of the Paris agreement. Transportation and electric generation are the biggest sources of heat-trapping gas emissions in the U.S., accounting for 56 percent of the total in 2016, according to the...
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U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update

U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update

10 monthes ago   |   By

U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update
End of 1st quarter 2018:
-$7,888.1 billion
End of 4th quarter 2017:
-$7,725.0 billion
End of Year 2017:
-$7,725.0 billion
End of Year 2016:
-$8,181.6 billion
The U.S. net international investment position decreased to -$7,888.1 billion at the end of the first quarter of 2018 from -$7,725.0 billion at the end of the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis. The $163.1 billion decrease reflected a $182.8 billion decrease in U.S. assets and a $19.7 billion...
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U.S. International Transactions, 1st quarter 2018 and annual update

U.S. International Transactions, 1st quarter 2018 and annual update

10 monthes ago   |   By

U.S. International Transactions, 1st quarter 2018 and annual update 1st quarter 2018:
-$124.1 billion 4th quarter 2017:
-$116.1 billion
The U.S. current-account deficit increased to $124.1 billion in the first quarter of 2018 from $116.1 billion in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis. The deficit was 2.5 percent of current-dollar gross domestic product in the first quarter, up from 2.4 percent in the fourth quarter.
Current Release
Current Release: June 20, 2018
Next release: September 19, 2018
U.S. International Transactions, 1st...
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Personal Income and Outlays, June 2018

Personal Income and Outlays, June 2018

10 monthes ago   |   By

Personal Income and Outlays, June 2018 and Comprehensive Update: 1929 Through May 2018
June 2018:
0.4 percent
May 2018:
0.4 percent
Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.4 percent in June after increasing 0.3 percent in May.
Current Release
Next release: August 30, 2018
PERSONAL INCOME AND OUTLAYS, JUNE 2018
Personal Income
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U.S. International Trade in Goods and Services, June 2018

U.S. International Trade in Goods and Services, June 2018

10 monthes ago   |   By

U.S. International Trade in Goods and Services, June 2018
June 2018:
-$46.3 billion
May 2018:
-$43.2 billion
The U.S. monthly international trade deficit increased in June 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.2 billion in May to $46.3 billion in June, as exports decreased and imports increased. The previously published May deficit was $43.1 billion. The goods deficit increased $3.1 billion in June to $68.8 billion. The services surplus decreased less than $0.1 billion in June to $22.5 billion.
Current...
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Facebook's cryptocurrency plans hit a bipartisan wall of suspicion from US...

Facebook's cryptocurrency plans hit a bipartisan wall of suspicion from US lawmakers: Why should anyone trust Facebook?

Facebook's cryptocurrency chief David Marcus testified before a Senate committee on Tuesday. Skeptical senators wanted to know why they should trust Facebook to build a digital... Read more ...

Thousands of Wake residents will see their health coverage change this fall...

Thousands of Wake residents will see their health coverage change this fall in money-saving move

As lawmakers and Gov. Roy Cooper continue to fight over expanding Medicaid in North Carolina, hundreds of thousands of people already in the taxpayer-funded health insurance... Read more ...

Kellyanne Conway asked a reporter 'what's your ethnicity' in response to a...

Kellyanne Conway asked a reporter 'what's your ethnicity' in response to a question on Trump's racist tweets

White House counselor Kellyanne Conway on Tuesday asked a reporter what his "ethnicity" is when questioned about President Donald Trump's recent racist tweets. The reporter... Read more ...

'I abandon the chair': A congressman presiding over the House got sick of...

'I abandon the chair': A congressman presiding over the House got sick of partisan fighting and literally dropped the gavel and left

A Democratic member of Congress presiding over the House of Representatives became so frustrated with partisan squabbling on Tuesday he tossed the gavel and abandoned his... Read more ...

Lyft's Citi Bikes are expanding to the Bronx and other New York City areas...

Lyft's Citi Bikes are expanding to the Bronx and other New York City areas after being criticized for only serving rich neighborhoods

Citi Bike 's third wave of expansion was announced Tuesday, with new stations planned for the Bronx, Queens, Brooklyn and Manhattan. The Lyft -owned bike-share system says it... Read more ...

Google's Search Bias On Trial In Washington

Google's Search Bias On Trial In Washington

A Senate panel is looking to see if the company is keeping conservative media and bloggers out of top search results. Google has previously denied political bias. (Image... Read more ...

Joe Montana Lists Napa Estate for $29 Million. Here's a Look Inside

Joe Montana Lists Napa Estate for $29 Million. Here's a Look Inside

Joe Montana is going long as he puts his 500-acre Napa Valley estate on the market. The Hall of Fame quarterback and San Francisco 49ers legend is asking $28.9 million for the... Read more ...

Big Tech In The Hot Seat As Congress Probes Monopoly Power, Digital Currency

Big Tech In The Hot Seat As Congress Probes Monopoly Power, Digital Currency

Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they... Read more ...

Facebook said its Libra cryptocurrency will be regulated by Swiss...

Facebook said its Libra cryptocurrency will be regulated by Swiss authorities - but that was news to those Swiss authorities

David Marcus, head of Facebook's cryptocurrency efforts, testified at a Senate Committee on Banking, Housing, and Urban Affairs hearing about Libra, the social network's new... Read more ...

Rapper Cardi B praises Bernie Sanders and regrets he lost to Hillary...

Rapper Cardi B praises Bernie Sanders and regrets he lost to Hillary Clinton: 'We let him down in 2016'

Rapper Cardi B praised 2020 frontrunner Sen. Bernie Sanders ' record on human rights and regretted his loss to Hillary Clinton in the 2016 primary in a Tuesday tweet. "This man... Read more ...