The decline in U.S. share of overseas travel is set to continue through 2022, costing 266,000 jobs. The trade war and strong dollar are culprits.
Author: YAN ZHANG, USA TODAY
Mortgage applications fall for fourth straight week despite lower rates
Mortgage applications fell for the fourth week as home owners were in no rush to refinance now that rates are expected to stay lower for longer.
Are tariffs against China bringing factories and jobs back to the U.S.?
About 41% of U.S. companies are considering or have relocated manufacturing outside China but fewer than 6% have or are considering relocating to U.S.
Mortgage applications surge on refinances as as rates hit 21-month low
As mortgage rates fell to the lowest level since September 2017, mortgage applications surged 26.8% last week, led by an increase in refinancing.
Chinese parents are paying for their kids to learn English from US online tutors. Here’s how the job works
Native English speakers with a college bachelor’s degree are paid $12 to $20 per hour to teach Chinese kids English online.
As rates drop, mortgage refinancing surges but home purchase loans remain tepid
Homeowners scramble to refinance mortgages as rates hit the lowest level in 17 months. But mortgage applications for home purchase rose just 0.5%.
Mortgage applications fall despite low rates as trade war fears grow
Mortgage applications decreased 3.3% despite low rates. Trade war fears may be discouraging some buyers
Here are 5 steps China could take to hurt the US beyond more tariffs
China might take other measures beyond tariffs to strike back at the U.S. economy during the escalating trade war.
New home sales drop in April but outlook is bright
Sales of new single -family houses fell 6.9% in April as prices rose. Analysts believes sales will pick up later this year.
Home sales fall again despite lower mortgage rates
Existing-home sales fell 0.4% in April and are down 4.4% from a year ago. The big drop in mortgage rates didn’t help the sales.