NTD Business (Aug. 19): Analysis of Fed Meeting Minutes; Delinquencies on High Risk Mortgages Rising

The Fed seems pessimistic about economic recovery. We have analysis on the July meeting minutes release today.

Will we see a wave of mortgage foreclosures? Delinquencies on some government-backed loans are at all-time highs and growing. We speak with the director of the housing center at the American Enterprise Institute.

Retailers Target, Lowe’s, and TJX all reported earnings today. Target posted strong online sales, Lowe’s benefited from people making home improvements, while TJX was hurt by stores staying closed.

And Apple becomes the first American company to reach a market value of $2 trillion. It’s thriving even after supply chain disruptions and store closures.