U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers ...
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday ...
The headline The economy added 256,000 jobs in December, and the unemployment rate fell a tenth of a percentage point to 4.1% ...
Investors faced a slow start to 2025, but upcoming inflation data and earnings season could provide needed market direction.
The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the ...
Analysis of December's strong jobs report, indicating a robust labor market and potential impact on Fed rate decisions. Click ...
As expenses continue to increase, many Americans turn to credit cards to help bridge the gap. However, credit cards have one of the highest interest rates of any consumer lending product, sometimes ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Mortgage refi rates again added points, pushing the average almost to its highest level since July. Rate movement was mixed across other refi loan types.
The Labor Department reported Friday that job growth increased in December, rising from November's total of 212,000.
Thursday, but it pushes them closer to the 6-month high notched two weeks ago. Rates gained for many other loan types as well.
Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.