Stocks are once again hitting new record highs regularly, as they were before the pandemic. Investors remain optimistic about the recovering economy.

The minutes from last month's Fed meeting released this week reiterated the commitment to maintaining easy policy until we see stronger employment and inflation.

Continuing jobless claims were down last week, though initial jobless claims jumped for the 2nd week, underscoring the uneven nature of the labor market recovery.

President Biden's new infrastructure plan includes a $5 billion proposal for local government incentives to change zoning laws and allow more apartment buildings.

Trying to prevent a wave of foreclosures, the CFPB proposed rule changes this week to prohibit mortgage servicers from foreclosing on delinquent borrowers through Dec 31, 2021.

Although mortgage applications to purchase a home were down 5% for the week, they were up 51% over last year, highlighting the housing market's rebound from the start of the pandemic.