4 years 8 months ago
The producer price index was expected to rise 0.4% in December. Jobless claims were forecast to total 200,000.
4 years 8 months ago
Rates have started this year sharply higher, and that may have potential buyers rushing in more quickly, afraid that rates will go even higher.
4 years 8 months ago
The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.
4 years 8 months ago
The leisure and hospitality sector led hiring in December as restaurants added wait staff, cooks and bartenders ahead of the holidays.
4 years 8 months ago
Shares of major grocers fell on Tuesday, after Albertsons said omicron has compounded out-of-stocks.
4 years 8 months ago
Federal Reserve Chairman Jerome Powell declared Tuesday that the economy is both healthy enough and in need of tighter monetary policy.
4 years 8 months ago
Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process.
4 years 8 months ago
JPMorgan is the biggest U.S. bank by assets and has relationships with half of U.S. households.
4 years 8 months ago
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term.
4 years 8 months ago
High inflation and near-full employment will push the Fed to raise rates more quickly than expected, according to Goldman Sachs.
4 years 8 months ago
Nonfarm payrolls were expected to increase by 422,000 in December, according to economists surveyed by Dow Jones.
4 years 8 months ago
Fed members are ready not only to start raising rates and tapering bond buying, but also cutting the size of the balance sheet.
4 years 8 months ago
Jobless claims totaled 207,000 for the week ended Jan. 1, higher than the 195,000 estimate and 7,000 more than the previous week.
4 years 8 months ago
The Federal Open Market Committee on Wednesday released minutes from its Dec. 14-15 meeting.
4 years 8 months ago
Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000.
4 years 8 months ago
Workers quit their jobs in record numbers in November while the total openings pulled back a bit, the Labor Department reported Tuesday.
4 years 8 months ago
If everything goes according to plan, the central bank in a little over two months will enact its first rate increase in three years.
4 years 8 months ago
In a surprise announcement, FDIC Chair Jelena McWilliams said she is resigning effective Feb. 4.
4 years 9 months ago
Jobless claims for the week ended Dec. 25 totaled 198,000, less than the 205,000 Dow Jones forecast and a dip of 8,000 from the previous period.
4 years 9 months ago
Mortgage rates fell to a four-week low, but the tight supply of homes for sale, as well as high prices, caused a drop in loan demand from homebuyers.
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