The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a ...
As of July 11th, the index was at 9.13, down from the previous week and with 3 of the 6 components in expansion territory. The index's average at the start of the seven recessions is -11.512 with a ...
The week's economic calendar features the Federal Open Market Committee;s (FOMC) statement on inflation, employment and the economy, due on Wednesday afternoon. CME FedWatch shows a 97% probability ...
Weekly pending home sales increased 15.36% year over year and purchase applications rose 31%, supported by mortgage rates under 6.64% for 15 weeks. AI Summary Last week was a solid week for housing ...
Despite the Federal Government shutdown on Wednesday, the financial markets hit new all-time highs this week. The S&P 500, DJIA, and Russell 2000 all closed at new record highs on Friday (October 3 rd ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77% Applications for a mortgage to purchase a home ...
(Reuters) - The U.S. push to fire up its economy in the middle of a pandemic remained stalled last week with signs the lapse of emergency unemployment benefits and business grants may have begun ...
Some economists are predicting that US recession risk is rising, and a downturn could arrive before the year is out, but the supporting data to date is still thin. The recent slowdown in hiring could ...