GM reclaims US auto sales title for 2022 from Toyota
General Motors on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota Motor, helped by an ...
Tag: Economy
Job openings stayed high in November in blow to Fed
US job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the ...
Salesforce slashing 10% of workforce in latest tech layoffs
Salesforce plans to cut its workforce by 10% and close some offices, saying it needs to cut costs after rapid pandemic ...
Jobless claims rise for second straight week
The number of Americans filing new claims for unemployment benefits edged higher last week but remain in a range indicating the job market remains ...
Dow jumps as jobless claims data eases rate worries
Wall Street’s main indexes ended higher on Thursday, led by growth stocks in light trading, as unemployment data signaled the Federal Reserve’s ...
Mortgage rates rise for first time in seven weeks
The average long-term US mortgage rate rose this week after falling for six straight weeks, adding to the challenges potential ...
New home sales rise 5.8% in November — but dip in these regions
Sales of new US single-family homes rose for a second straight month in November likely as Americans took advantage of a retreat ...
Inflation measure watched by the Fed eases to 5.5%
A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in ...
Jobless claims rise by 2,000 as labor market stays tight
The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to a still-tight labor market, ...
GDP grew at revised 3.2% rate in third quarter
Shrugging off rampant inflation and rising interest rates, the US economy grew at an unexpectedly strong 3.2% annual pace from ...
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