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.
Business
US Fed Board disciplined nine staff for sexual harassment in 2020-2023, document shows
The Federal Reserve Board received 11 complaints alleging sexual harassment between 2020 and 2023 and disciplined nine staff members as a result, firing four.
$2
Price Of Gold Hits New Record-High Of Over $2,700 Per Ounce
The price of gold continues to break records. That was the big news in the precious metal industry this week after the price of the precious metal surged past $2,700.
appliance stores
Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Austan Goolsbee
S&P 500, Dow rise on boost from big bank earnings
The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.