US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
Tag: federal reserve
Goldman Sachs consumer banking unit facing Fed scrutiny: report
Goldman Sachs’ consumer banking unit is being reviewed by the Federal Reserve, Bloomberg Law reported on Friday, citing people familiar with the matter. ...
Mortgage rates top 6%, first time since 2008 housing crash
Average long-term US mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, ...
Jobless claims fall for 5th straight week
The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal ...
Job openings rose in July after three months of declines
The number of open jobs in the United States rose in July after three months of declines, a sign that ...
Home sale cancellations rise in ‘remarkably uncertain time’
The US housing market is in the midst of a significant pullback, with cooling conditions that have contributed to a ...
Key inflation gauge watched by Fed shows prices eased in July
Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food ...
Fed officials keeping big rate hikes on table
Federal Reserve officials on Thursday were noncommittal about the size of the interest rate increase they will approve at their ...
Jobless claims fall for second straight week
Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the ...
Wholesale inflation fell in July for 1st time in 2 years
Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and ...
Recent Comments