The U.S. housing market emerged as a dark horse in the coronavirus-led economic downturn. A combination of massive suburban migration with low mortgage rates made homes sell like hotcakes. While demand for homes continues to rise, the supply side faces hurdles from lumber shortage making homes pricey, Yahoo Finance says. Read more

The U.S. economy is poised for a big comeback. That’s according to the National Retail Federation’s chief economist, Jack Kleinhenz, who said that with more businesses reopening and bringing employees back to work, the U.S. economy is on firm footing and could see its fastest growth in more than three decades. Read more

The semiconductor shortage has slashed vehicle production so much that rental-car companies can’t get the new cars they need, so they have resorted to buying used vehicles at auction. Read more