MLM Counties News. Notices. Need-to-know Information.

U.S. home construction rebounded in August at the fastest pace in seven months but applications for new building permits plunged, sending mixed signals for an industry that has been struggling with rising lumber costs. Housing starts increased 9.2 percent in ...

Americans’ consumer confidence rose in August to the highest level in nearly 18 years as their assessment of current conditions improved further and their expectations about the future rebounded. The Conference Board reported Tuesday that its consumer-confidence index rose to ...

Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed’s 2 percent target ...

Consumer spending rose by a solid 0.4 percent in June, while a key gauge of inflation increased at an annual pace of 2.2 percent for a second straight month — the strongest back-to-back gains in six years. The gain in ...

The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace in the next two years. By late 2019, the Fed says its key policy rate ...

U.S. wholesale prices rose 0.3 percent in June, a slight slowing from May. The 12-month gain, however, was the fastest in more than six years, adding to evidence that inflation is beginning to rise after years of weak price gains. ...

No one will likely be surprised by the announcement the Fed is set to make when its latest policy meeting ends Wednesday: That it’s raising its key short-term interest rate for the second time this year. Economists from the nation’s ...

No one will likely be surprised by the announcement the Fed is set to make when its latest policy meeting ends Wednesday: That it’s raising its key short-term interest rate for the second time this year. Economists from the nation’s ...

U.S. construction spending surged 1.8 percent to a record high in April as home-building rose by the largest amount in 24 years. The April gain reversed a 1.7 percent drop in March, the Commerce Department reported Friday. The strength stemmed ...

The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. Given the economy’s recent performance, analysts are still looking for a solid rebound in ...

The Federal Reserve kept its benchmark interest rate unchanged Wednesday but noted that inflation is nearing its 2 percent target rate after years of remaining undesirably low. The Fed ended its latest policy meeting by leaving its key short-term rate ...