Six months into the pandemic, Americans are beginning to feel much better about the economic recovery. Consumer confidence soared to its highest level...

Economy

CNN: Home sales reach a 14-year high in August, with prices hitting a new record

asianct - September 22, 2020 0

Home sales surged to a 14-year high in August as record low interest rates brought homebuyers out in droves and pushed prices to a...

Economy

Reuters: U.S. median income hit record in 2019, Census data shows

asianct - September 15, 2020 0

U.S. median household income hit a record high in 2019 and the poverty rate fell, according to a government survey released...

Economy

AP: Low rates and heavy buyer demand send US home sales surging

asianct - August 21, 2020 0

SILVER SPRING, Md. (AP) — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of...

Economy

CNN: Investors love stocks because there’s nowhere else to go

asianct - August 19, 2020 0

If you're asking why US stocks just hit an all-time high in the middle of a pandemic that's triggered the sharpest recession in...

Economy

BBC: US jobless claims below 1m for first time since March

asianct - August 13, 2020 0

The number of Americans filing new claims for unemployment has dipped below 1 million for the first time since March.

Economy

AP: Summer jobs for young people are vanishing with the pandemic

asianct - August 11, 2020 0

Sara Buie lined up a summer lifeguard job to help pay for a new laptop, textbooks and a backpack for her freshman...

Economy

CNN: Trump signs executive actions after stimulus talks break down on Capitol Hill

asianct - August 10, 2020 0

(CNN) President Donald Trump tried to assert executive power by signing four actions oncoronavirus reliefSaturday, one of which will provide as much as $400 in enhanced...

Economy

AP: ‘Worst nightmare’: Laid-off workers endure loss of $600 aid

asianct - August 6, 2020 0

An unemployed makeup artist with two toddlers and a disabled husband needs help with food and rent. A hotel manager says his...

Economy

NPR: Foreign Workers Living Overseas Mistakenly Received $1,200 U.S. Stimulus Checks

asianct - August 5, 2020 0

Thousands of foreign workers who entered the U.S. on temporary work visas received $1,200 checks in error during the first round of...

Economy

CNN: Big-city dwellers ask: Should I rent or buy a car?

asianct - August 4, 2020 0

With no end in sight to pandemic lockdowns, an increasing number of cooped-up, big-city dwellers are feeling the lure of the...

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Economy

NPR: Dow Plunges 943 Points; Steep Sell-Off Is Triggered By Fears Of More Lockdowns

CNN: A year ago, this company had 750 customers. Today it has 6,000

NPR: Housing Boom: Sales of Million-Dollar Homes Double

NPR: Air Travel High: TSA Screens 1 Million For 1st Time Since March

Reuters: Wall Street closes higher on U.S. stimulus hopes, gold spikes and dollar drops

Anouncement

[Chicago] Nobody does the holidays like MSI.

[Champaign] THE 20TH ANNUAL PARADE OF LIGHTS WILL BE A VIRTUAL

[Urbana] Halloween masquerade car parade

[Illinois] Verizon 5G Innovation Hub Opens at Research Park