The Federal Reserve is expected to hold interest rates steady for months as inflation lingers and the US economy shows signs of stability.
Read More Federal Reserve may keep rates unchanged for months as economy shows signs of health
Tag: Conference Board
New U.S. unemployment applications fall to 1-month low
The number of Americans filing new applications for unemployment benefits dropped unexpectedly last week to one of the lowest levels this year.
Read More New U.S. unemployment applications fall to 1-month low
Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.
Read More Nasdaq touches over one-month low after weak consumer sentiment data
US pending home sales tumble to record low in July
Contracts to buy previously owned homes dropped to a record low in July as higher prices and borrowing costs drove potential buyers from the market.
Read More US pending home sales tumble to record low in July
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Read More US consumer confidence retreats slightly; house prices remain elevated