When homeowners’ association (HOA) members fall behind in their dues, HOAs usually extend their grace periods as a courtesy.
Tag: U.S. Economy
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GOING OUT OF BUSINESS TRENDS
As businesses struggle with rising costs, weakening consumer demand, and an increasingly challenging economic environment, many companies announced closures this week.
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MARKET CONCENTRATION NOT LIMITED TO TECH STOCKS, ANALYST WARNS
More than a third of the value of the Standard & Poor’s 500 index is tied up in AI-related stocks, the Financial Times noted.
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NEW JOBLESS CLAIMS LOWER THAN EXPECTED
In the week ending 1 August, new claims for unemployment benefits rose by just 1,000 from the week before, reaching 199,000.
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U.S. WORKERS’ SHARE OF GDP SHRANK IN SECOND QUARTER
Workers’ share of the American economy’s productivity fell to a record low of 52.9 percent in this year’s second quarter, the Bureau of Economic Statistics (BLS) reported, down from 53.7 percent in the year’s first three months.
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U.S. ECONOMY SHEDS 23,000 JOBS IN JULY, MAY, AND JUNE REVISED DOWN
The U.S. economy shrank by 23,000 nonfarm jobs in July, the Bureau of Labor Statistics (BLS) reported, surprising analysts in a Reuters poll who had expected to see a gain of 80,000.
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ECONOMIC UPDATE
Once again by the facts and only by the facts, the Trump administration keeps doing all it can to artificially prop up the equity markets and bring down oil prices since President Donald Trump and Israeli Prime Minister Benjamin Netanyahu launched the illegal Iran War on 28 February.
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U.S. TREASURY SECRETARY: WHAT K-SHAPED ECONOMY?
U.S. treasury secretary Scott Bessent declared an end to the K-shaped economy and the widening gap between America’s wealthy and everyone else in a 4 August CNBC interview.
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MARKET OVERVIEW
The three major U.S. stock indexes rallied Thursday and Friday to overcome Wednesday’s rout that sent the Dow Jones Industrial Average down more than 1,000 points to mark its worst day in 15 months.
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U.S. REGULATORS SEE DANGERS IN PRIVATE EQUITY’S CIRCULAR DEALS
U.S. regulators are alarmed by what they call “circular ownership” and a lack of transparency in financial structures increasingly used by private equity firms such as Apollo Global Management and KKR.