Business
US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Aditya Bhave
Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
boeing
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
Alicia Summers
October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady
The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.
airbnb
S&P 500, Dow set for best week this year on Trump win, rate cut
The S&P 500 and the Dow edged higher on Friday, putting them on course for their best week this year, as a sweeping Trump victory powered bets of a business-friendly agenda.
banks
Fed Cuts Interest Rates Again, Fed Chair Powell Says He Won’t Resign
The Federal Reserve lowered the federal funds rate for a second consecutive time on Thursday.
Bill Adams
Report: U.S. Economy Adds Only 12K Jobs In October, Falling Well Short Of Expectations
The latest jobs report shows that job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged.
Americans
Weekly jobless claims at five-month low; consumer spending rises solidly
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
august
US job openings drop to more than 3-1/2 year low in September
U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.
401(k) retirement plans
US weekly jobless claims fall; continuing claims hit highest level in three years
New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years.