Story developing. Stay tuned for updates here. The numbers: Job openings in the U.S. were unchanged…
Economic Performance/Indicators
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STOCK MARKET
Mortgage rates stay put at 7%, but first-time buyers aren’t holding back
by userby userThe numbers: U.S. mortgage applications ticked up, driven by an increase in first-time home-buying activity,…
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Home buyers continue to face rising prices due to a dire shortage of homes for…
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The numbers: The Institute for Supply Management said on Tuesday that its service-sector PMI fell…
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U.S. stock-index futures fell early Tuesday as investors take a breather before a rush of…
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STOCK MARKET
Biden gets the blame for U.S. inflation staying higher for longer, but he shouldn’t
by userby userU.S. inflation has come down, but not enough for voters to stop complaining about high prices. Since…
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STOCK MARKET
Treasury yields dip as traders eye Powell testimony and jobs data later in week
by userby userU.S. bond yields fell early Tuesday as markets awaited midweek testimony from Federal Reserve Chair…
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STOCK MARKET
Fed has the luxury of making policy without pressure of urgency, Bostic says
by userby userWith the labor market strong and growth above trend, there isn’t pressure on the U.S.…
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The U.K.’s treasury minister Jeremy Hunt has signaled he intends to cut national insurance in…
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STOCK MARKET
February job report and Powell’s visit to Capitol Hill are on investors’ radar this week
by userby userIt is a crucial week for economists and investors as key economic data will be…