Author: YAN ZHANG, USA TODAY

The decline in U.S. share of overseas travel is set to continue through 2022, costing 266,000 jobs. The trade war and strong dollar are culprits.

About 41% of U.S. companies are considering or have relocated manufacturing outside China but fewer than 6% have or are considering relocating to U.S.

As mortgage rates fell to the lowest level since September 2017, mortgage applications surged 26.8% last week, led by an increase in refinancing.

Native English speakers with a college bachelor’s degree are paid $12 to $20 per hour to teach Chinese kids English online.

Homeowners scramble to refinance mortgages as rates hit the lowest level in 17 months. But mortgage applications for home purchase rose just 0.5%.

Mortgage applications decreased 3.3% despite low rates. Trade war fears may be discouraging some buyers

China might take other measures beyond tariffs to strike back at the U.S. economy during the escalating trade war.

Sales of new single -family houses fell 6.9% in April as prices rose. Analysts believes sales will pick up later this year.

Existing-home sales fell 0.4% in April and are down 4.4% from a year ago. The big drop in mortgage rates didn’t help the sales.

The Dow turned volatile as the trade war between the US and China escalated the last two weeks, producing stock losers and winners.