Tag: U.S. Economy
Job Vacancies, Quits Plunge In Stark Sign Of Labor Market Cooling
Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear...
Average Long-Term Mortgage Rate Climbs to 7.09%, Highest Level in Over...
(AP) — The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be...
US Price And Wage Increases Slow In The Latest Signs Of...
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest...
Applications For US Jobless Aid Rise By Most In 5 Months
(AP) – The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low...
Fed set to impose another big rate hike to fight inflation
The Fed’s moves will make borrowing costlier for individuals and companies and likely weaken the economy over time.
By Associated Press
Conflicting signs about the health...
5 Key Takeaways From the June Jobs Report
Inflation is raging. The stock market is tumbling and interest rates rising. American consumers are depressed and angry. Economists warn of potentially dark times...