US new home sales rise surprisingly strong 16.6% in May

Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.

Existing home sale plunge 9.7% in 3rd straight monthly drop

The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.

Coronavirus impacts your home's value — here's how

Surprisingly, home values may not fall in the coronavirus era. Lean more about where home prices may be going and why now may be an ideal time for a mortgage refinance.

Study: Texas economy fifth most racially equal in the U.S.

The study determined equality by subtracting the values attributed to whites and blacks for a given metric, using on the most recent data from the U.S. Census Bureau, U.S. Equal Employment Opportunity Commission and U.S. Department of Housing and Urban Development.

Fed Chairman Jerome Powell warns that long downturn would mean severe damage

“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”

These are the quickest ways to pay off credit card debt

Don’t ignore your credit card debt; try some of these ideas to stay afloat during these uncertain times.

Fear turns to greed on Wall Street as Fed details bond buys

The Dow Jones Industrial Average was down 629 points, or 2.5%, at 24,975, as of 9:48 a.m. Eastern time, and the Nasdaq composite was down 1.5%. The losses were widespread, with 98% of the stocks in the S&P 500 lower

1.5 million more laid-off workers seek unemployment benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.

5 ways to reduce college tuition costs

With college tuition breaking budgets across the U.S., families and students need to get creative to curb tuition costs.