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Recent Articles from Associated Press
US employers added surprisingly solid 119,000 jobs in September
WASHINGTON (AP) — U.S. employers added a surprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown. The increase in payrolls was more than double the 50,000 economists had forecast. Yet there were some troubling details in the delayed […]
US existing home sales rise as mortgage rates ease
Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market. Existing home sales rose 1.2% in October from the previous month to a seasonally adjusted annual rate of 4.10 million units, the National Association of Realtors said Thursday. Sales […]
U.S. jobless claims fall as filings return after shutdown
US filings for jobless benefits remained in historically healthy range during government shutdown
Stocks sway as Nvidia earnings, jobs report test markets
NEW YORK (AP) — The U.S. stock market is swinging through another unsettled day of trading on Wednesday, ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.2% after veering between a small loss and a leap of 1.1% earlier in the day. The index is coming off a four-day losing […]
Fed minutes: Most officials supported more rate cuts but not necessarily in December
WASHINGTON (AP) — A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday. At the same time, many officials said “it would likely be appropriate” to keep rates “unchanged for […]
Shutdown delays full October jobs report, Labor Dept. says
The Labor Department says the October jobs report won’t be released after the shutdown halted data collection.
Trump nominates new CFPB director
NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Levenbach is currently […]
US trade deficit drops 24% as tariffs cut imports
US trade deficit fell 24% in August as Trump’s global tariffs reduced imports, dropping the gap to $59.6B, Commerce Department reports.
Global sell-off drags US stocks lower again
U.S. stocks swung sharply as Nvidia and bitcoin tumbled, pulling the S&P 500 and Nasdaq lower while Home Depot sank after weak earnings.
Judge rules Meta is not a social media monopoly
A federal judge ruled Meta is not a social networking monopoly, defeating a challenge that could have forced divestiture of Instagram and WhatsApp.
