Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

As Amazon Ends Remote Work, Will Other Corporations Follow?

As Amazon Ends Remote Work, Will Other Corporations Follow?

New York, NY, Setpember 23, 2024-"Amazon chief executive Andy Jassy set CEOs abuzz with envy-and white-collar workers with fear-this week with a surprise memo calling corporate staffers back to the office full time,” reports the Wall Street Journal.

Fed Cuts Interest Rates by a Half Point

Fed Cuts Interest Rates by a Half Point

Washington, DC, September 18, 2024-"The Federal Reserve voted to lower interest rates by a half percentage point, opting for a bolder start in making its first reduction since 2020. The long-anticipated pivot followed an all-out fight against inflation the central bank launched two years ago,” reports the Wall Street Journal.

Existing-Home Sales Declined 2.5% in August

Existing-Home Sales Declined 2.5% in August

Washington, DC, September 19, 2024—Total existing-home sales descended 2.5% from July to a seasonally adjusted annual rate of 3.86 million in August, according to the National Association of Realtors.