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The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...
The drop in year-over-year price increases gave the Fed enough confidence to cut rates three times in the last four months of 2024. But Fed officials signaled in December that they planned to be ...
Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024. ... in early August after the unemployment rate unexpectedly rose to 4.3%, triggering a ...
If it comes to fruition, that would be higher than most experts expected earlier this year. Bankrate’s annual interest rate forecast for 2024, for example, penciled in a 5.75 percent mortgage ...
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...
Economists polled by Reuters had forecast 230,000 claims for the latest week. ... A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the Federal Reserve kicking ...
Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. ... the unemployment rate ticked up from 4.1% in October to a still-low 4.2%. Hourly wages rose 0.4% ...