San Jose
Retail Sales Disappoint in May as Auto Slump Weighs on Consumer Spending
U.S. retail sales fell for a second consecutive month in May 2025, as a sharp decline in auto purchases dragged overall figures into...
Inflation Holds Steady in May Despite Tariff Pressures, Offering Relief to Policymakers
Consumer price growth remained subdued in May, delivering a welcome surprise for Federal Reserve officials as inflation pressures appear to be cooling more...
Consumer Sentiment Rises in June, But Inflation Fears and Trade Uncertainty Weigh Heavily
Consumer sentiment saw a modest improvement in early June, but optimism remains historically subdued, according to the latest report from Wells Fargo Economics....
Optimism Outpaces Reality: Small Business Sentiment Climbs While Sales Lag
Small business confidence saw a meaningful resurgence in May 2025, reversing its early-year slump, according to the latest report from Wells Fargo Economics....
Nonresidential Construction Drives Hiring Growth Amid Tight Labor Market and Slower Industrywide Expansion
The U.S. construction industry showed modest employment gains in May, reflecting divergent momentum across residential and nonresidential sectors. According to the latest data...
WeWork CEO Charts Course for Profitable Growth After Bankruptcy Exit
Real estate veteran John Santora emphasizes operational discipline and hospitality as company approaches one-year anniversary of Chapter 11 emergence Nearly a year after...
West Coast Hotel Market Shows Resilience Despite Economic Headwinds
Southern California and Pacific Northwest lead recovery efforts as industry faces supply surge and foreign visitor challenges The West Coast hospitality sector is...
Labor Market Steadies in April as Job Openings Rise and Turnover Stays Muted
The U.S. labor market remained resilient in April, with job openings ticking higher and signs of stability emerging despite ongoing economic and policy...
Mortgage Rates Edge Higher But Remain Below 7% Threshold
30-year fixed rates climb to 6.89 percent as housing market maintains relative stability Mortgage rates continued their gradual upward climb this week, with...
Consumer Confidence Rebounds in May Amid Trade Truce, But Lingering Pessimism Persists
Consumer confidence staged a notable rebound in May following five consecutive monthly declines, according to the latest report from Wells Fargo Economics. The...
The Business Case for Hybrid Work: Why 69% of Fortune 500 Companies Have Embraced the Middle Ground
Despite high-profile return-to-office mandates making headlines, the vast majority of America’s largest corporations have quietly settled on hybrid work as their long-term strategy...
Big Builders Tighten Grip on U.S. Housing Market as Concentration Reaches Historic Highs
The American homebuilding industry has undergone a dramatic transformation over the past two decades, with large construction companies capturing an unprecedented share of...
