Real Estate News Feed
Higher Prices Expected
Mon, 07 Apr 2025 14:54:35 GMT
Federal Reserve Chair Jerome Powell said the U. S. economy was likely to face a period of higher prices and weaker growth than seemed possible a few weeks ago because of larger-than-anticipated tariff hikes announced by President Trump.
Cheapest Gas Stands At $4.09/Gal
Mon, 07 Apr 2025 14:53:52 GMT
The cheapest gas in Orange County is now $4.09 per gallon and can be found at World in Santa Ana. Valero in Orange offers gas for $4.14 per gallon.
Employment Rose in March
Fri, 04 Apr 2025 15:21:34 GMT
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported today.
Rate Cuts Not Likely
Fri, 04 Apr 2025 15:20:49 GMT
Following the Employment Report, the MBA reports "The Federal Reserve is likely to remain cautious with respect to any rate cuts so long as inflation is above target, and the job market data continues to come in strong."
Oil Sinks to Four-Year Low
Fri, 04 Apr 2025 15:20:17 GMT
Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war.
Cheapest Gas Stands At $4.09/Gal
Fri, 04 Apr 2025 15:18:56 GMT
The cheapest gas in Orange County is now $4.09 per gallon and can be found at 7-Eleven in Garden Grove, Mobil in Tustin and World in Santa Ana.