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US labor market, housing data point to slowing economy
AOL· 2 days agoFirst-time applications for U.S. unemployment benefits fell moderately last week, while new housing construction dropped to the lowest level in nearly four years in May, suggesting ...
Hong Kong stocks reverse losses as investors assess key China data; Nikkei tumbles almost 2%
CNBC· 6 days agoThe People's Bank of China held its medium term lending facility rate unchanged at 2.5% on 182 billion yuan, as expected
Strong Odds for a Fed Rate Cut By September
InvestorPlace· 4 days agoLast summer, the U.S. Federal Reserve stopped raising rates after its most fast-and-furious rate-hike cycle in history. After all, in last week’s updated...
Reserve Bank of Australia Holds Rates Steady
The Wall Street Journal· 5 days agoThe Australian central bank continued to warn about ongoing inflation risks at its policy meeting, leaving open the potential for a further rate increase...
US weekly jobless claims fell in latest week
MSN News· 2 days agoWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, but overall strength in the jobs market...
The Fed Needs to Cut Rates Eventually Amid This Economic Slowdown. Here’s Why, and 4 Other Things to...
Barrons.com· 3 days agoNvidia’s fight to remain the world’s most valuable company begins, disappointing retail sales raise...
Labour risks higher mortgage bills and worse unemployment, says HSBC
The Telegraph via Yahoo Finance· 5 days agoLabour proposals to introduce a ‘genuine living wage’ risk triggering a surge in unemployment and...
RBA set to leave interest rate unchanged for fifth straight time
The Forex Market· 5 days agoInterest rate in Australia is set to stay steady at 4.35% for the fifth consecutive meeting in May. Reserve Bank of Australia Governor Michele Bullock will hold a press conference ...
Gateway - Quartz
Quartz· 5 days agoThe Federal Reserve raised its benchmark interest rate today (July 26) by 25 basis points, and where it goes next is literally anyone’s guess. There were ...
US Weekly Jobless Claims Fell in Latest Week
US News & World Report· 2 days agounemployment benefits fell last week, but overall strength in the jobs market persisted despite a gradual cooling. Initial claims for state unemployment ...