Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021.
Read More U.S. job openings drop in April, as labor market cools
Tag: Federal Reserve
Inflation rises moderately in April, consumer spending slows
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Read More Inflation rises moderately in April, consumer spending slows
Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month
A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.
Read More Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month
Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher
Dow sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday.
Read More Dow sprints past 40,000-mark on earnings boost, rate-cut bets
Inflation Eases Slightly, But Challenges Persist
As we continue to cover what matters to voters this election the economy and inflation we turn to April’s CPI report, which is the inflation report.
Read More Inflation Eases Slightly, But Challenges Persist