U.S. retail sales rose 0.6 percent in June from May, while inflation ticked up only 0.3 percent over the same period.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Jul 22 2025
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SPOTLIGHT: THE U.S. HOUSING MARKET SLUMP
During the first week of July, mortgage applications to purchase a home or refinance a loan were 10 percent fewer than in the week before as the interest rate on a 30-year, fixed-rate loan rose from 6.77 percent to 6.82 percent, the Mortgage Bankers Association (MBA) reported.
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MOST FORTUNE 100’S NOW MANDATE FULL-TIME OFFICE ATTENDANCE
For the first time since the COVID War began, more than half of Fortune 100 companies have brought their workers back to central offices full-time, according to a study by real estate firm Jones Lang LaSalle (JLL).
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ECONOMIC UPDATE—MARKET OVERVIEW
On the tariff side of life, today, the word is that Donald Trump’s tariff deadline with China will be extended, according to the U.S. Treasury Secretary mouthpiece Scott Bessent.
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INVESTORS FLOOD MONEY INTO U.S. TECH STOCKS
Investors are snapping up U.S. tech stocks at the fastest pace since March 2009, according to a Bank of America survey.