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US mortgage rates fall to 6.19%, nearing yearly low
U.S. mortgage rates dropped to 6.19%, the lowest since October, boosting buying power as Fed rate cuts loom and housing demand improves.
Jobless claims fall to 3-year low ahead of Fed decision
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve‘s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]
Wall Street pulls near its all-time high
U.S. stocks climbed as mixed economic data boosted hopes for a Fed rate cut, pushing the S&P 500 near its record high and easing Treasury yields.
US stocks rise as Wall Street looks to add to its winning streak
U.S. stocks climbed Wednesday as traders grew more confident the Fed will cut interest rates in December, with tech shares and strong retail earnings lifting markets.
Fewer Americans sought unemployment benefits last week as job cuts stay low
Unemployment claims fell to 216,000 last week, signaling continued low layoffs even as hiring slows and more jobseekers struggle to find work.
Stocks climb on hopes for lower interest rates as Dow rallies 660 points
US stocks climbed as bond yields eased and traders priced in strong odds of a December Fed rate cut. Retailers and small-cap stocks led broad market gains.
Stocks rally ahead of Thanksgiving on Fed rate-cut hopes, AI surge
U.S. stocks climbed Monday as investors bet on a December Fed rate cut and AI giants boosted the market ahead of the Thanksgiving holiday.
Stocks rise as Wall Street rebounds from sharp swings
US stocks rebounded Friday after volatile swings, with the S&P 500 up 1% as investors weighed Fed rate-cut signals and Big Tech uncertainty.
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 […]
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.
Fed’s Lisa Cook disputes mortgage fraud allegations
WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud. President Donald Trump used the accusation as a basis to seek her firing, the first time a president has sought to remove a Fed governor in […]
30-year mortgage rate edges up to 6.24%
U.S. mortgage rates rose to 6.24%, their second straight weekly increase, though they remain near this year’s lowest levels.
