The number of laid-off Americans seeking unemployment benefits rises as the coronavirus pandemic weighs heavily on the economy.Advertisement
Mark Perez, a real estate agent in the Los Angeles area, said more sellers aren’t listing their homes because they underestimate the level of demand.Advertisement That means many struggling homeowners aren’t entering foreclosure or being forced to sell rapidly to stave off that credit-ruining prospect.
In Orange County, sales rose 49% from May and fell 22.1% from a year earlier. The median price rose 4.1% from a year earlier to $765,000.
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Stimulus bets set to lift Wall St. as labor market rebound slowsWall Street's main indexes were set to open slightly higher on Thursday, as investors held out for a new coronavirus relief package with data signaling that a recovery in the labor market was stalling. Final version of stimulus bill must look much closer to that of what the house passed months ago, in order to have the desired effect. Alternative headline. Your children’s money helps to keep markets green while the country burns
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