Sep 30 U.S. job openings in August were essentially unchanged amid economic uncertainty By Paul Wiseman, Associated Press Job openings remain at healthy levels but have fallen steadily since peaking at a record 12.1 million in March 2022 as the U.S. economy roared back from COVID-19 lockdowns. Continue reading
Sep 18 What to know about the Fed's rate cut and mortgage rates By Alex Veiga, Associated Press Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it. Continue reading
Sep 18 U.S. jobless aid applications fall after surging to nearly 4-year high By Matt Ott, Associated Press U.S. filings for unemployment benefits for the week ending Sept. 13 fell by 33,000 to 231,000, the Labor Department reported Thursday. Continue reading
Sep 17 Watch 6:19 Federal Reserve cuts interest rates amid economic uncertainty By Geoff Bennett, Courtney Norris The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more cuts by year's end. Continue watching
Sep 17 The Federal Reserve wrestles with how many interest rate cuts to make and how fast By Christopher Rugaber, Associated Press There are typically two different approaches the Fed takes to lowering borrowing costs: Either a measured pace that typically reflects a modest adjustment to its key rate, or a much more rapid set of cuts as the economy deteriorates in… Continue reading
Sep 16 Watch 5:21 What makes this week's Federal Reserve meeting unprecedented By Geoff Bennett, Courtney Norris The Federal Reserve is expected to cut its benchmark interest rate by a quarter of a point when it meets on Wednesday, the first cut in about a year. It has been described by those who watch the Fed as… Continue watching
Sep 16 WATCH: Powell announces first interest rate cut of the year By Christopher Rugaber, Associated Press The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. Continue reading
Sep 15 Fed faces economic uncertainty and political pressure ahead of interest rate decision By Chris Rugaber, Associated Press Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it's not even clear which Fed officials will be making the decision. Continue reading
Sep 12 Wall Street finishes its best week in over a month By Stan Choe, Associated Press Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already… Continue reading
Aug 29 Key U.S. inflation gauge holds mostly steady though core inflation ticks higher By Christopher Rugaber, Associated Press Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Continue reading