Average Hourly Earnings
US job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Apple
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
big-ticket items
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Bank of America
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
2022
Home Sales Drop For Third Straight Month, Prices Hit Record High
For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.
Accenture
S&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
appliance outlets
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Federal Reserve
Chief Market Strategist On State Of The Economy
The Federal Reserve decides to hold interest rates steady following the latest inflation report.
30-year fixed mortgages
Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month
A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.