Economy

Recurring jobless claims fell for the fourth consecutive week.

‘For investors, this means modest rate relief, not fireworks,’ said one market expert.

Both single-family and multi-family new housing construction fell in August.

Stephen Miran, the newest Fed governor, was the lone dissent.

The Federal Reserve is holding a meeting on Sept. 17 with interest rate cuts expected.

Americans’ credit scores averaged 715 despite higher utilization and delinquencies, a ‘good’ score still viewed as acceptable by most lenders.

AAA points to depreciation, lower finance charges, reduced gas prices, and a shift toward more affordable vehicles as the main reasons for the savings.

On Sept. 15, a divided panel of federal judges ruled that the Biden appointee cannot be removed from office for the time being.

Lower mortgage rates and anticipated Fed cuts are boosting expectations for stronger fourth-quarter sales.

The Federal Reserve is in a conundrum because it should have cut in June. However, a rate cut should be forthcoming.

A weaker U.S. dollar also contributed to higher prices for foreign merchandise at America’s ports.

‘This is further evidence that we shouldn’t underestimate the strength of the consumer,’ says Bankrate’s Ted Rossman.

‘A 0.25% rate cut now seems all but guaranteed, but it may be delivered through gritted teeth,’ says one market analyst.

The survey highlights the industry’s key challenges: retaining, supporting, and developing a workforce facing turnover, burnout, and dissatisfaction.

A recent big revision to jobs data has cast doubt on the government’s data collection methods and raised questions about the Fed’s interest rate decisions.

The Treasury said it would demand that the Chinese regime stop its illegal technology shipments to Russia.

Their effectiveness depends on ‘whether the G7 and NATO members are willing to bear the costs based on their domestic ... considerations,’ an analyst said.

‘We are explaining to them that this is a measure that has to do with strengthening our economy,’ Mexican President Claudia Sheinbaum said.

The continued weakening of the labor market further boosted the probability of an interest rate cut.

Meanwhile, restaurant chain sales point to another trend: consumers forgoing expensive lifestyle meals in favor of more affordable options.

Recurring jobless claims fell for the fourth consecutive week.

‘For investors, this means modest rate relief, not fireworks,’ said one market expert.

Both single-family and multi-family new housing construction fell in August.

Stephen Miran, the newest Fed governor, was the lone dissent.

The Federal Reserve is holding a meeting on Sept. 17 with interest rate cuts expected.

Americans’ credit scores averaged 715 despite higher utilization and delinquencies, a ‘good’ score still viewed as acceptable by most lenders.

AAA points to depreciation, lower finance charges, reduced gas prices, and a shift toward more affordable vehicles as the main reasons for the savings.

On Sept. 15, a divided panel of federal judges ruled that the Biden appointee cannot be removed from office for the time being.

Lower mortgage rates and anticipated Fed cuts are boosting expectations for stronger fourth-quarter sales.

The Federal Reserve is in a conundrum because it should have cut in June. However, a rate cut should be forthcoming.

A weaker U.S. dollar also contributed to higher prices for foreign merchandise at America’s ports.

‘This is further evidence that we shouldn’t underestimate the strength of the consumer,’ says Bankrate’s Ted Rossman.

‘A 0.25% rate cut now seems all but guaranteed, but it may be delivered through gritted teeth,’ says one market analyst.

The survey highlights the industry’s key challenges: retaining, supporting, and developing a workforce facing turnover, burnout, and dissatisfaction.

A recent big revision to jobs data has cast doubt on the government’s data collection methods and raised questions about the Fed’s interest rate decisions.

The Treasury said it would demand that the Chinese regime stop its illegal technology shipments to Russia.

Their effectiveness depends on ‘whether the G7 and NATO members are willing to bear the costs based on their domestic ... considerations,’ an analyst said.

‘We are explaining to them that this is a measure that has to do with strengthening our economy,’ Mexican President Claudia Sheinbaum said.

The continued weakening of the labor market further boosted the probability of an interest rate cut.

Meanwhile, restaurant chain sales point to another trend: consumers forgoing expensive lifestyle meals in favor of more affordable options.