Mortgage rates have sharply dropped to their lowest levels since late 2022, influenced by bond market dynamics and economic factors. Will this trend continue, or is volatility on the horizon? Find out what it means for homeowners and potential buyers.
The US stock market experienced a record-breaking week, with major indexes closing at new peaks. Optimism around the AI boom and anticipated interest rate cuts are boosting investor confidence. Key economic data is set to be released soon.
Applications for US unemployment benefits soared to a four-year high, signaling potential layoffs as hiring slows. Initial claims rose by 27,000, reaching 263,000 last week, the highest since October 2021.
The Department of Labor's watchdog is investigating the Bureau of Labor Statistics over its data reporting methods, amidst shocking downward revisions in job growth estimates and rising inflation concerns. What does this mean for the economy?
The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
Asian stocks surged following Wall Street's lead as traders anticipate a Federal Reserve rate cut next week. With geopolitical tensions high and inflation readings on the horizon, investors are closely monitoring the economic landscape.
Stocks saw a rise as political uncertainty in Japan and France unfolded, signaling potential interest rate cuts. Investors are on high alert for key data affecting markets.
The Federal Reserve's core PCE inflation rate aligns with expectations, igniting speculation about potential rate cuts. With the S&P 500 nearing record highs, what does this mean for the economy?
Nvidia's stock has soared over 1,400% since October 2022, making it a key player in the tech market. As the company prepares to report earnings, investors are anxious about the impact on the broader market amidst recent tech stock declines.
President Trump's recent dismissal of the BLS head raises concerns about the integrity of U.S. economic data. Critics fear this could lead to manipulation of crucial statistics, reminiscent of past economic crises in Greece and Argentina.