News
Market Watch | 30-year-mortgage rate rises to 4.41%
The average rate for a 30-year fixed-rate mortgage ticked up to 4.41% in the week that ended April 3 from 4.40% in the prior week, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac
FOX Business | U.S. Trade Gap Widens as Exports Slump
The U.S. trade deficit unexpectedly widened in February as exports fell to their lowest level in five months, further signs economic growth slowed in the first quarter.
CNN Money | Homebuyers getting priced out in cities across U.S.
In big cities across the country, home buyers are growing increasingly frustrated as rising home prices and stiff competition shut them out of the market.
Bloomberg | Consumer Comfort in U.S. Climbed Last Week From Two-Month Low
Consumer confidence climbed last week from an almost two-month low, paced by improving perceptions of personal finances and the buying climate that signal shoppers will return to U.S. retailers as temperatures warm.
Market Watch | ISM non-manufacturing index rises to 53.1% in March
Growth picked up last month for the U.S. service sector and other non-manufacturing companies, according to data released Thursday.
WSJ | 'Wealth Effect' Drives Vacation-Home Sales
Sales of vacation homes are surging again, the result of rising wealth in higher-income households and renewed confidence in the housing market.
Econ Comments & Analysis
Washington Times | Closer than ever to tapping Alaska’s natural gas
The current unrest in the Crimean Peninsula has focused a bright spotlight on the world’s ever-growing need for safe, reliable and friendly sources of energy.
WSJ | I'm Fighting to Restore a Free Society
I have devoted most of my life to understanding the principles that enable people to improve their lives. It is those principles—the principles of a free society—that have shaped my life, my family, our company and America itself.
Bloomberg | Capitalism Is Messy. Let's Keep It That Way.
Free-market capitalism is a success because it does the most efficient possible job of allocating a society's resources, or so goes the prevailing logic. But what if capitalism's true value lies elsewhere? What if its most important attribute is actually inefficiency?
Barrons | Bubble or No Bubble?
So are we in a stock-market bubble or not? I think the answer depends on what data points you're using to support your narrative.
