Page 13 - Mark Vitner News Today

(CNN) — More than a dozen US states reached or exceeded their pre-pandemic employment levels in March, and more than one-third have reported record-low unemployment rates, according to data from the US Bureau of Labor Statistics. As the nation claws its way back from the stark job losses incurred during the early stages of the […]

High gas prices usually have the biggest effect on leisure travel because drivers take fewer or shorter trips, Fitch Ratings says.

Entrepreneurial spirit spurring more record business creations in NC

Total construction spending rose in February to a seasonally adjusted annual rate of $1.704 trillion, a 0.5 percent increase from January and 11.2 percent higher than in February 2021. It was also 13.5 percent above the rate the prior February , just before the pandemic took hold. During the first two months of the year, expenditures total $237.846 billion, 10.4 percent growth compared to the first two months of 2021. Private sector spending rose 0.8 percent to an annual rate of $1.354 trill...

New York Citys 7.5 percent unemployment rate is the worst in the US as Manhattan workers and international tourists still havent returned post-COVID.

North Carolina’s economy is back — at least back to pre-COVID-19 employment levels, the governor’s office declared last week.

Record-high fuel prices are driving up the cost of travel, whether you’re paying for gas at the pump or buying an airline ticket. But as the 2022 travel season approaches, experts believe pent-up demand following COVID-19 restrictions will win out over the added expense of much-needed getaways.

Record-high fuel prices, should they continue, are set to take a bite out of spring and summer travel budgets. But will pent-up demand under COVID-19 restrictions roll over that?

Homebuilder sector-related exchange traded funds could continue to be pressured as rising interest rates and elevated mortgage rates are already affecting U.S. home sales.

U.S. home sales fell by the most in a year in February as a perennial shortage of houses and double-digit price growth continued to squeeze first-time buyers out of the market....