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US weekly jobless claims fall amid labor market resilience
Initial claims for unemployment benefits in the U.S. fell to 209,000, signaling labor market resilience despite inflation concerns and geopolitical tensions.
US mortgage rates rise to 6.56%, MBA says
The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.
Markets begin eyeing a Fed rate hike around the turn of the year
Markets are pricing in a Federal Reserve interest rate hike by early 2027 due to persistent inflation, with a 60% chance by January's FOMC meeting.
US weekly jobless claims increase moderately, labor market remains stable
Initial claims for unemployment benefits in the U.S. rose moderately to 211,000, indicating a stable labor market amid inflation concerns.
US import prices surge in April as fuels post biggest gain in four years
U.S. import prices rose 1.9% in April, driven by a 16.3% jump in fuel costs, the largest increase in four years amid Middle East tensions.
Warsh has big plans for the Fed, but results may take time
Kevin Warsh returns to lead the Federal Reserve with a reform agenda focused on inflation monitoring and communication amid market and political pressures.
US producer prices surprise with largest increase in four years
U.S. producer prices surged 1.4% in April, marking the largest increase in four years amid rising inflation and energy costs linked to geopolitical tensions.
Fed’s Collins says rate hikes may be needed to quell inflation
Boston Federal Reserve President Susan Collins said rate hikes may be needed if inflation pressures persist amid Middle East conflict risks.
S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
The S&P 500 and Nasdaq closed lower amid hotter inflation data and rising U.S.-Iran conflict tensions, impacting investor sentiment near earnings season end.
S&P 500 inches to higher close, AI fervor edges out Iran impasse
The S&P 500 closed slightly higher as ai momentum in semiconductors outweighed inflation concerns from stalled U.S.-iran peace talks and rising crude prices.
US existing home sales increase less than expected in April
U.S. existing home sales increased 0.2% in April to 4.02 million units despite elevated mortgage rates and rising inflation, according to the National Association of Realtors.
April jobs report shows continued strength
The US labor market added 115,000 jobs in april with unemployment steady at 4.3%, signaling economic resilience and influencing Federal Reserve policy.
