Champion Homes (SKY), a Michigan-based manufactured, modular, and mobile homes builder, posted better-than-expected results during a difficult homebuilding sales environment. Amid a challenging market, the builder is leveraging its strong reputation and... Read more »
Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data... Read more »
The Federal Reserve’s big meeting kicked off today, with all eyes on what they’ll do with interest rates. While the official announcement isn’t until tomorrow, the smart money says they’re likely to... Read more »
Four years after the COVID-19 pandemic put much of the brick-and-mortar retail sector out of reach for consumers on lockdown, operators are still adjusting to the new world of shopper expectations. That... Read more »
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says about expectations for the pace of future cuts.... Read more »
The United States economy exhibited remarkable resilience as it closed out the year 2023 with a robust performance, surpassing earlier predictions. The advance estimate of the fourth-quarter Gross Domestic Product (GDP) revealed... Read more »
Employers kept a brisk hiring pace in December, exceeding economists’ expectations by 46,000 jobs. Jobs increased by 216,000 in December, up from 173,000 in November, according to data released by the Bureau... Read more »