U.S. economy

This Week: Oracle results; May home sales; Philly Fed survey

June 18, 2018 (AP)(STLRealEstate.News) — A look at some of the key business events and economic indicators upcoming this week: SEEKING OUT THE ORACLE Silicon Valley software giant Oracle will report its fourth-quarter results on Tuesday. Oracle makes database-intensive software platforms for large companies, and is the second-largest software developer in the world behind Microsoft. … Continue reading This Week: Oracle results; May home sales; Philly Fed survey

NEW YORK | Stocks edge up following ECB rate decision, strong US data

NEW YORK (AP) — U.S. stocks mostly ticked higher on Thursday after Europe’s central bank became the latest to spell out how it will close the spigot on the emergency stimulus it’s flooded into the market in recent years. More evidence also arrived that the U.S. economy is improving, including a better-than-expected report on retail … Continue reading NEW YORK | Stocks edge up following ECB rate decision, strong US data

WASHINGTON | Fed raises key rate and sees possible acceleration in hikes

WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously forecast. … Continue reading WASHINGTON | Fed raises key rate and sees possible acceleration in hikes

Yardi Matrix Report Details Industrial Sector’s Strength

SANTA BARBARA, California/ June 11, 2018 (STLRealEstate.News) — E-commerce and biopharmaceutical companies seeking space stoke record performances across key indicators A new market analysis compiled by Yardi® Matrix reports that the industrial sector of the U.S. economy is performing solidly. Warehouse and distribution assets posted double-digit total returns, record low vacancy rates and all-time high … Continue reading Yardi Matrix Report Details Industrial Sector’s Strength

WASHINGTON | Fed watchers await rate forecast with a hike all but certain

WASHINGTON (AP) — Another interest rate increase is all but certain when the Federal Reserve meets this week. What’s not so sure is whether the vigorous U.S. economy will lead the Fed to accelerate its rate hikes in the months ahead — a move that could raise the risk of a recession. When it last … Continue reading WASHINGTON | Fed watchers await rate forecast with a hike all but certain

Asian stocks mixed as investors digest US, Japan data

SEOUL, South Korea/May 17, 2018 (AP)(STLRealEstate.News) — Asian stocks were mixed on Thursday after strong factory data from the U.S. helped spur gains overnight on Wall Street. KEEPING SCORE: Investors shrugged off a report Thursday of weak machinery orders in Japan a day after growth data came in lower than expected, with the Nikkei 225 … Continue reading Asian stocks mixed as investors digest US, Japan data

WASHINGTON | 2nd-longest US expansion on record keeps churning out jobs

WASHINGTON (AP) — The U.S. economy has delivered steady if only modest gains for most Americans since the Great Recession ended in 2009. It’s been a frustration for many. Yet the very sluggishness of the economic expansion helps explain why it’s now the second-longest on record and why more of the country might soon benefit … Continue reading WASHINGTON | 2nd-longest US expansion on record keeps churning out jobs

Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI Real Estate Economic Forecast; Survey of Economists Suggests Boost from Federal Tax Reform Law

WASHINGTON/ April 18, 2018 (STLRealEstate.News) — The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate. The ULI Real Estate Economic Forecast, which includes predictions over three years, is … Continue reading Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI Real Estate Economic Forecast; Survey of Economists Suggests Boost from Federal Tax Reform Law