Existing home sales plunge in December to 12-year-low
US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be ...
Tag: Economy
Jobless claims unexpectedly fall for third straight week
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth and ...
Goldman Sachs’ David Solomon blames ‘challenging’ US economy as profits plunge
Goldman Sachs CEO David Solomon blamed “challenging” economic conditions on Tuesday as the bank reported a worse-than-expected profit plunge in ...
Jobless claims fall 4-month low despite layoffs
US applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show ...
Dow jumps as December jobs report eases rate worries
Wall Street’s main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in US ...
US job growth solid in December; unemployment falls to 3.5%
The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but ...
Jobless claims hit 3-month low as labor market stays tight
The number of Americans applying for jobless benefits fell to the lowest level in more than three months last week, ...
Amazon cutting 17,000 jobs — 7,000 more than planned: report
Amazon is planning to lay off more than 17,000 workers, 7,000 more than initially expected, the Wall Street Journal reported on Wednesday. The ...
Fed officials agreed on smaller December rate hike: minutes
All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the central bank should slow the pace of its aggressive ...
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 ...
Recent Comments