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Daily mortgage rates for June 21, 2024: Mortgage rates move lower under 7% to end week
AOL· 5 hours agoThe current average rate for a 30-year fixed mortgage is 6.92% for purchase and 6.93% for refinance — down 8 basis points from 7.00% for purchase and 6 basis points from 6.99% for refinance ...
Housing market seeks Fed rate-cut relief as sales slump
TheStreet.com· 23 hours agoThe Commerce Department reported Thursday that new housing starts, which comprise both single-family homes and multifamily units, fell to the lowest levels since 2020 last ...
81% of workers using AI are more productive. Here's how to implement it
ZDNet· 20 hours agoAccording to a survey conducted by Slack's Workforce Lab, AI use among desk workers has increased...
US labor market, housing data point to slowing economy
Reuters via Yahoo Finance· 1 day agoThe data on Thursday combined with tepid retail sales last month to keep a September interest rate...
The Fed Needs to Cut Rates Eventually Amid This Economic Slowdown. Here’s Why, and 4 Other Things to...
Barrons.com· 1 day agoNvidia’s fight to remain the world’s most valuable company begins, disappointing retail sales raise...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet.com· 2 days agoThe U.S. economy relies on a healthy consumer for the bulk of its growth, but spending is starting to slow into the summer months. The U.S. economy is starting to see weakness in its most important ...
JPMorgan asset and wealth head sees China's economic outlook improving
Reuters via Yahoo Finance· 10 hours agoNEW YORK (Reuters) -JPMorgan Chase is seeing signs of an improving economy in China that will...
0621-Business briefs
telegraphherald.com· 10 hours agoU.S. stock indexes edged back from their records Thursday, weighed down by a dip for Wall Street darling Nvidia, following a mixed set of reports on the economy. The S&P 500 ...
US jobless claims fall to 238,000 from 10-month high, remain low by historical standards
San Francisco Chronicle· 19 hours agoThe Labor Department reported Thursday that jobless claims fell by 5,000 to 238,000 from a 10-month...
Goldman says US jobs market at inflection point, sticks to call for two rate cuts By Investing.com
Investing.com· 3 days agoWhile the May employment report affirmed robust job creation, inconsistencies in labor market...