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.
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.
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.
airline fares
Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Alejandro Mayorkas
US labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Business
Fed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Apple
Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day
Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.
Adriana Kugler
Fed getting ‘closer’ to rate cuts, top officials say
Fed Governor Christopher Waller and New York Fed President John Williams both voiced that description of the shortening horizon toward looser monetary policy.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.