Economy Nov 17 Fewer Americans filed for jobless benefits last week, contributing to inflation The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve's rapid interest rate hikes this year intended to bring down inflation and tighten the labor market.
Economy Nov 17 Average long-term U.S. mortgage rates fall to 6.61 percent The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months.
Economy Nov 11 Embattled cryptocurrency exchange FTX files for bankruptcy following collapse Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.
Economy Oct 27 U.S. mortgage rates hit 20-year high, top 7 percent after Fed hikes Average long-term U.S. mortgage rates topped 7% for the first time in more than two decades this week, a result of the Federal Reserve's aggressive rate hikes intended to tame inflation not seen in some 40 years.
Economy Oct 20 Average long-term U.S. mortgage rates rise this week to 6.94 percent Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month.
Economy Aug 18 Slightly fewer Americans file for jobless benefits last week as strong labor market continues Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to be the strongest segment of the U.S. economy.
Economy Jul 28 Labor market still considered strong after weeks of mixed jobless benefit numbers Fewer Americans applied for jobless benefits last week, but the previous week’s number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.
Economy Jul 28 Average U.S. long-term mortgage rates fall slightly to 5.3 percent Average long-term U.S. mortgage rates retreated this week just as the Federal Reserve announced another big rate hike in its bid to get four-decade high inflation under control.
Economy Jul 26 Consumers confidence slides for third straight month U.S. consumer confidence slid again in July as concerns about higher prices for food and gas continue to weigh on Americans.
Economy Jul 21 Average national 30-year mortgage rate hits 5.54% Average long-term U.S. mortgage rates are ticking higher this week in a rapidly cooling housing market as the Federal Reserve gears up for what could be yet another bump to its benchmark interest rate.