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US weekly jobless claims fall; trade deficit widens by the most in nearly 34 years
U.S. jobless claims fell last week, signaling low layoffs, though weak hiring is fueling concern about the labor market.
Fed leaves rates unchanged, sees ‘elevated’ inflation and stabilizing job market
The Federal Reserve held interest rates at 3.50%–3.75%, citing elevated inflation and steady growth, with little guidance on future cuts.
Wall Street ends up as investors buoyed by tariff relief, upbeat data
U.S. stocks ended higher for a second day as Trump eased tariff threats and economic data showed continued resilience.
Delta leans on premium flyers for 2026 growth, orders Boeing 787s
Delta Air Lines forecasts about 20% earnings growth in 2026 as premium travel boosts margins and orders 30 Boeing 787 jets.
Investors eager for delayed data to shed light on US economy
Delayed U.S. jobs and inflation reports will give markets fresh clarity after a government shutdown as investors assess Fed policy and year-end risks.
US mortgage rates tick up to 6.22% but stay near lows
US mortgage rates inched up to 6.22% but remain near yearly lows as refinancing surges and economists expect rates to stay just above 6% next year.
Jobless claims jump, but labor market still appears steady
WASHINGTON (AP) — The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market. U.S. jobless claim applications for the week ending Dec. 6 climbed by 44,000 to 236,000 from the previous […]
Fed cuts rates again but signals pause ahead
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a statement […]
Fed faces divided debate ahead of expected rate cut
A divided Fed heads into a contentious meeting as Chair Jerome Powell seeks support for a third rate cut amid weak hiring and high inflation.
U.S. job openings barely budged in October, coming in just below 7.7 million
U.S. job openings held at 7.7M in October as quits fell and layoffs rose, signaling a cooling labor market amid tariffs and Fed rate debates.
Trump plans $12B aid for farmers hit by trade war
WASHINGTON (AP) — President Donald Trump is planning a $12 billion farm aid package, according to a White House official — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted […]
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
Inflation stayed steady in September, easing the path for a possible Fed rate cut next week as consumer spending slows and job losses rise.
