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Today’s Date
23 April 2024
Finance
Jobless Benefit Applications Come Back Down
by
ASSOCIATED PRESS
-
Dec 1, 2022
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the...
Stocks Waver Ahead of Fed Chair Speech
by
DAMIAN TROISE, AP Business Writer
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Nov 30, 2022
NEW YORK (AP) — Stocks wavered in morning trading on Wall Street Wednesday ahead of a speech by Jerome Powell, the chair of the Federal Reserve, on the outlook for the economy and inflation. The S&P...
U.S. Revises 3rd Quarter Economic Growth Rate
by
PAUL WISEMAN, AP Economics Writer
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Nov 30, 2022
WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Last...
Unemployment Claims Highest Since August
by
PAUL WISEMAN, AP Economics Writer
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Nov 23, 2022
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards. The Labor Department reported Wednesday that 240,000 people applied for jobless...
Long-Term Mortgage Rates Tumble to 6.61%
by
ASSOCIATED PRESS
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Nov 17, 2022
By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials...
Stocks Slip as Target Stumbles
by
DAMIAN TROISE, AP Business Writer
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Nov 16, 2022
NEW YORK (AP) — Stocks fell in morning trading on Wall Street Wednesday as investors reviewed a dismal financial report from Target and a broader update on the retail sector from the government. The S&P 500...
Powell Likely to Be Pressed on Future Fed Hikes
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Nov 2, 2022
WASHINGTON (AP) — Looming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed’s inflation-fighters raise interest rates — and might they slow their rate hikes as...
Stock Moves Lower Ahead of Fed News on Rates
by
DAMIAN TROISE, AP Business Writer
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Nov 2, 2022
NEW YORK (AP) — Stocks fell in late morning trading on Wall Street Wednesday, ahead of what traders expect will be another big interest rate increase from the Federal Reserve. Markets will be watching closely to...
Mortgage Rates Top 7% for First Time in 20 Years
by
ASSOCIATED PRESS
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Oct 27, 2022
By MATT OTT and ALEX VEIGA AP Business Writers WASHINGTON (AP) — The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week, a result of the Federal...
Unemployment Claims Inched Higher
by
ASSOCIATED PRESS
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Oct 27, 2022
By MATT OTT AP Business Writer WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy. Jobless claims for...
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