An Unexpected Job Surge Confounds the Fed's Economic Models
Friday's jobs report suggests the possibility that the long-standing connection between a vigorous job market and high inflation has broken down. read more >
Friday's jobs report suggests the possibility that the long-standing connection between a vigorous job market and high inflation has broken down. read more >
The data is the latest available from the U.S. Bureau of Labor Statistics. read more >
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.09% from 6.13% last week. That's the lowest level since September. read more >
On an annual basis, wages and benefits grew 5.1% in the fourth quarter compared with a year earlier. read more >
“There are signs of structural economic change underway,” Metroplan said in a December report, pointing to the area’s manufacturing and logistics sectors in particular. read more >
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to 6.13% from 6.15% last week. A year ago the average rate was 3.55%. read more >
Most economists think the economy will slow further in the current quarter and slide into at least a mild recession by midyear. read more >
Gains were reported in manufacturing and education, while retail payrolls declined. read more >
Health care, including costs, is the second-most frequently mentioned priority. read more >
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.33% from 6.48% last week. A year ago the average rate was 3.45%. read more >
The four-week moving average of claims, which softens some of the week-to-week volatility, fell by 1,750 to 212,500. read more >
The most common way that Americans bet on sports is with friends or family. read more >
A year ago the average rate was 3.22%, less than half of the current average rate. read more >
Applications for unemployment aid for the week ending Dec. 31 fell by 19,000 to 204,000, the Labor Department reported Thursday. read more >
Sales were up slightly in the fourth quarter and inventories grew as parts supplies improved enough to increase production a little. read more >
In another key metric, the number of people quitting their job rose to 4.2 million, up from about 4 million in October. read more >
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate dipped to 6.27% this week from 6.31% last week. read more >
It's a sharp rebound, pushing the index to its highest level since April. read more >
Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate of 4.09 million, a slower sales pace than what economists had expected. read more >
