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Georgia Gov. Kemp Cheers Augusta National for ‘Not Getting Involved in Politics'
Georgia Gov. Brian Kemp praised the Augusta National Golf Club for not caving to the political pressures that have befallen the state recently.
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Zillow President Expects Increase in Home Listings as Covid Certainty Improves
“All the indicators that we see say that this housing market … [continues] to be hot, and there are a lot of reasons for that,” Zillow’s Susan Daimler said.
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Biden Has Options Beyond a Corporate Tax Hike to Pay for Infrastructure, as Negotiations Get Underway
As Biden tries to curry favor for a corporate tax hike, the administration has other ways it could fund a $2 trillion infrastructure plan.
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U.S. Producer Price Index Rose 1.0% in March, Vs 0.5% Increase Expected
This is breaking news. Please check back for updates.
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6 Million People Applied for Unemployment a Year Ago. They're Still Near Pre-Pandemic Highs
The Covid pandemic pushed workers to apply for unemployment benefits at unprecedented levels in early April 2020. Claims remain high by historical standards.
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Ron Insana: This Is Why Higher Taxes Won't Incite a Bear Market
Big bear markets have two triggers, according to Stan Druckenmiller: tightening monetary policy from the Federal Reserve and the onset of war.
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These Are 2021's Best Cities for First-Time Homebuyers
Heavy competition for homes has sidelined some first-time buyers, especially in major markets, so here are the best places for home shopping.
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Economist Stephen Roach Questions Biden's Decision to Keep Trump's China Policies
Yale University’s Stephen Roach noted that U.S. President Joe Biden reversed many other policies enacted by his predecessor.
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Infrastructure Spending Bill Must Address 21st Century Challenges, Press Secretary Psaki Says
Psaki’s comments came as some GOP lawmakers have claimed the proposal would put money toward things that do not qualify as infrastructure.
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Mortgage Refinance Demand Drops 20% as Rates Rise to 10-Month High
Mortgage rates moved higher again last week, causing homeowners and potential homebuyers to pull back on borrowing.
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24% of Unemployed Workers Have Been Jobless for Over a Year
The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That’s an unusual dynamic for recessions, economists said.
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U.S. Treasury Yields Slip as Stocks Hit Record Highs
The U.S. 10-year Treasury yield dipped slightly on Monday amid signs of a strong economic recovery.
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‘This Is Not the Time for Amateurs,' Says Real Estate Agent in a Fiercely Competitive Housing Market
Selling a home has never been easier, and while that may sound like great news for real estate agents, there is a problem: They are desperate for listings.
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Here's Where the Jobs Are — in One Chart
U.S. employers hired far more workers than expected in March 2021, thanks to gains in leisure and hospitality, as well as state and local education.
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Archegos Fallout Exposes Risks From Less Regulated Family Offices, Says Former SEC Counsel
Family offices “can pretty much do anything they want because there’s just not a lot of oversight,” said Thomas Gorman, partner at Dorsey & Whitney LLP.
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A Slight Drop in Mortgage Rates Didn't Stop the Bleeding in Refinances
Higher mortgage rates are hitting the refinance market hard, and they are starting to take their toll on homebuyers.
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Business World Divided on Whether to Fight Corporate Tax Hike in Biden's Infrastructure Plan
Behind the scenes, some companies are considering not opposing Biden’s proposed tax hikes, because of corporate demand for an infrastructure bill.
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CFOs Haven't Been This Upbeat About the Global Economy Since 2018: CNBC Survey
Chief financial officers of large corporations polled by CNBC are optimistic about the U.S. and global economy and bullish on the Dow Jones Industrial Average.
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Most Evictions Are Banned Through June. What You Need to Know
The CDC announced this week that it was extending the national ban on evictions for another three months. Here’s what you need to know.
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Pending Home Sales Fell Over 10% in February, as Record Low Supply Stifles the Housing Market
The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales.