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Tag: interest rates

A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US new home sales fall more than expected in October

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.

Read More US new home sales fall more than expected in October
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall; business spending on equipment softening

Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.

Read More US weekly jobless claims fall; business spending on equipment softening
Signage is seen at the New York Stock Exchange (NYSE) in Manhattan, New York City

Big investors say US markets rally could prove short-lived

The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.

Read More Big investors say US markets rally could prove short-lived
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo

S&P 500 to see small gain in 2024 as US economic risks rise – Reuters poll

The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks for the market in 2024.

Read More S&P 500 to see small gain in 2024 as US economic risks rise – Reuters poll
The logo of the US Social Security Administration is seen outside a Social Security building, November 5, 2020, in Burbank, California. (Photo by VALERIE MACON / AFP) (Photo by VALERIE MACON/AFP via Getty Images)

Social Security Payments To Increase By 3.2% In 2024

Social Security benefits will be rising by 3.2% in 2024, following the 8.7% rise from the year prior.

Read More Social Security Payments To Increase By 3.2% In 2024
US President Joe Biden delivers remarks at the IBM facility in Poughkeepsie, New York, on October 6, 2022. - IBM's CEO Arvind Krishna announced Thursday a $20-billion investment in quantum computing, semiconductor manufacturing and other high-tech areas in its New York state facilities. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

New Data Indicates Massive Recession In 2024

According to experts, the year 2024 could see the worst economic collapse since the Great Depression.

Read More New Data Indicates Massive Recession In 2024

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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