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
Tag: job growth
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
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Walmart to pay US hourly store workers bonuses for first time ever
Both part-time and full-time associates will be eligible for the annual bonus program, the idea for which came from feedback from store workers.
Read More Walmart to pay US hourly store workers bonuses for first time ever
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
Wall St climbs after jobless claims data spurs rate-cut bets
The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.
Read More Wall St climbs after jobless claims data spurs rate-cut bets
Report: U.S. Job Growth Fell To 175K Jobs In April, Failing To Meet Expectations
OAN’s James Meyers8:25 AM – Friday, May 3, 2024 The latest jobs report showed U.S. employers increased their payrolls by 175,000 in April,…
Read More Report: U.S. Job Growth Fell To 175K Jobs In April, Failing To Meet Expectations