Report: Mortgage Rates Surpass 7% For First Time Since May
According to a new report, mortgage rates increased this week, going above 7% ━ adding more pressure to the housing market.
According to a new report, mortgage rates increased this week, going above 7% ━ adding more pressure to the housing market.
The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
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.
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.
Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling.
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month.
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.