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 ...
Tag: federal reserve
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 ...
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, ...
Dow drops as economic data fans rate hike worries
Wall Street’s main indexes dropped on Thursday after fresh data underscored strength in the economy and aggravated concerns over the ...
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 ...
Dow jumps 500 points buoyed by Nike, improved consumer confidence
Wall Street’s main stock indexes rose on Wednesday after Nike reported upbeat results, while investors drew comfort from data that ...
Fed’s John Williams says rates could go higher than forecast
New York Federal Reserve President John Williams said on Friday it remains possible the US central bank raises interest rates ...
Mortgage rates fall for fourth straight week
The average long-term mortgage rate fell for the fourth consecutive week and have dropped more than three-quarters of a point ...
Jobless claims rise by 4,000 as labor market remains tight
The number of Americans filing new claims for jobless benefits increased moderately last week, while continuing claims hit a 10-month high towards the end ...
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