Summary United States: Economic Growth Continues Despite Downbeat Data Economic data were downbeat this week, as downward revisions took some of the shine out of the marquee headline numbers. Durable goods orders declined, consumer confidence took a dip and the PCE deflator accelerated, bringing real personal spending into the red. Despite the somewhat weak start […]
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During the COVID-19 lockdowns, renters and buyers benefited from an uncertain housing market. Mortgage rates were at historic lows for buyers, and landlords slashed rents considerably to entice renters to renew leases and draw in Read more…
Nordstrom, the luxury fashion retailer, was once owned by its founding family with the same name. However, like most former family-owned companies, the Nordstrom family had to sell most of the company’s ownership to keep Read more…
