U.S. Jobless Claims Drop, Easing Recession Fears
The number of Americans filing for unemployment benefits dropped more than expected last week, calming fears of a rapidly deteriorating labor market and reinforcing a narrative...
Etiket: Federal Reserve
Wall Street Rallies as Jobs Data Eases Economic Slowdown Fears
Wall Street’s major indexes surged nearly 2% on Thursday, fueled by a stronger-than-expected jobs report that alleviated concerns about a looming economic slowdown. The data revealed...
US 30-Year Mortgage Rate Drops on Weak Jobs Data and Fed Rate-Cut Signals
The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months. This decline followed signals from the...