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WRAPUP 1-US labor market rebalancing, economy slowing further
Reuters via Yahoo Finance· 2 hours agoThe number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, consistent with a gradually cooling labor market.
Fed's Bostic Says Economy Likely Slowing, Though Rate-Cut Timing Uncertain
US News & World Report· 6 days agoConversations with businesses in his U.S. Southeast Fed district indicate that wage and job growth will likely slow, Bostic said, and that most firms feel their pricing power is in decline after ...
Letters: Don’t give Summit water permits for carbon pipeline
The Des Moines Register via Yahoo News· 5 hours agoRemember the governor turned down $29 million from the federal government to help feed school-aged children over the summer? That was a budget positive to help those families ...
Traders May Take A Breather Following Yesterday's Rally
RTT News· 5 hours agoTraders may pause to assess the outlook for the markets following yesterday's rally, which came as consumer prices rose by less than expected in the month of April. Potentially adding to the ...
Basel battle: Goldman’s unlikely foot soldiers in the fight against bank capital hikes
WSAU Wausau· 7 hours agoBy Pete Schroeder WASHINGTON (Reuters) - Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. The trip ...
Housing Market Could Be Headed for a Change
Newsweek· 1 day agoPolicymakers have kept the central bank's funds rate at the highest for two decades as inflation has remained stubbornly above the Fed's 2 percent...
Half Of All Loan Applicants Denied Since 2022 Rate Hikes
National Mortgage Professional· 6 days agoHalf of Americans who’ve applied for a loan or financial product have been denied since the Federal Reserve started raising its key benchmark rate in March 2022< ...
Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes
Colorado Springs Gazette· 8 hours agoJeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November...
Why the US isn't facing a stagflation threat even as growth slows, according to BofA
Business Insider· 2 hours agoThe firm says inflation is being driven by a strong consumer, which makes the current situation less perilous than past stagflation threats.
Americans aren't convinced the Fed is winning the inflation fight
The Forex Market· 2 days agoFed officials and people in the Biden administration insist "we" are making progress in tamping down...