The U.S. job market likely bounced back last month from a disappointing September. Layoffs are low, and most Americans enjoy unusual job security. US employers are holding on to existing staff but hiring cautiously, making it harder for young people and displaced workers to find jobs. (Pexel) But hiring has probably remained too modest to … Read more
Democratic candidate Jaron Brandon is running for California State Senate District 4 against Republican Alexandra Duarte. Ahead of the November 3 midterm elections, he spoke exclusively with HT.com about rising fire insurance costs, rural healthcare, immigration enforcement and creating more jobs in rural communities. Jaron Brandon discusses California’s fire insurance crisis, rural healthcare gaps, immigration … Read more
US mortgage rates fell for the second week in a row, but they remain above 7%. The average mortgage rate dropped to 7.24% this week through Wednesday, down from 7.32% a week earlier, according to Freddie Mac data. US mortgage rates fall for a second week, but the 30-year fixed rate remains above 7%. (Pexel/Representative … Read more
US Treasury yields fell on Thursday morning after the Federal Reserve kept interest rates unchanged at its October meeting on Wednesday. Investors are now watching the Fed’s comments on inflation and whether it will raise interest rates again in December. US Treasury yields fall as investors assess the Fed’s interest rate outlook and chances of … Read more
US inflation rose in September as consumers paid more for gasoline and other goods. The rise strengthened economists’ expectations that the Federal Reserve (Fed) could increase interest rates in December. US inflation rose to 3.6% in September, increasing expectations of a Fed rate hike in December. (Pexel/Representative image) (Pexel) The Personal Consumption Expenditures (PCE) Price … Read more
US Treasury yields rose on Wednesday as investors waited for the Federal Reserve’s latest decision on interest rates, which was expected later in the day. Investors were looking for clues about what the Fed might do with interest rates in the coming months. US Treasury yields rise as investors await the Federal Reserve’s interest rate … Read more
The United States Federal Reserve commenced its two-day Federal Open Market Committee (FOMC) session on Tuesday, October 27, concluding on Wednesday, October 28, during which policymakers will announce their interest rate determination. The FOMC is expected to leave interest rates unchanged, with markets assigning less than a 10% chance of an increase. (via REUTERS) Although … Read more
The US Federal Reserve is widely expected to keep interest rates unchanged on Wednesday afternoon.The decision comes just a few days before the US midterm elections. Federal Reserve Chair Kevin Warsh faces pressure to explain the rate decision as US inflation rises. (REUTERS/Eric Lee/File Photo) (REUTERS) Federal Reserve Chair Kevin Warsh will have to explain … Read more
Gold prices stayed close to $4,000 an ounce on Tuesday as investors waited for the US Federal Reserve’s interest-rate decision this week. Traders expect the central bank to keep interest rates unchanged. Gold prices stay near $4,000 an ounce as traders await the Federal Reserve’s rate decision. (Pexel) Gold prices changed little after rising in … Read more
US Treasury yields remained mostly steady on Monday as investors prepared for the Federal Reserve’s interest rate decision and several important economic reports due this week. Investors are watching these updates to understand the direction of US interest rates and the economy. US Treasury yields hold steady ahead of the Federal Reserve rate decision and … Read more