Economic News
-
Wall Street’s rally stalls on hot jobs, cold earnings data
Wall Street’s rally is stalling after a stunning jobs report showed the U.S. economy created a third of a million more jobs last month than expected
-
US adds a surprisingly strong 517,000 jobs despite Fed hikes
America’s employers added a stunning 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates
-
US employers added a robust 517,000 jobs in January in sign of a still-strong labor market despite Fed rate hikes
US employers added a robust 517,000 jobs in January in sign of a still-strong labor market despite Fed rate hikes
-
Asian shares trade mixed ahead of US jobs report
Asian shares are trading mixed ahead of a closely watched U.S. jobs report that may affect global interest rates
-
Ford 4Q profit drops 90%, company says more cost cuts coming
Ford says its fourth-quarter net income fell 90% from a year earlier
-
Amazon beats Q4 revenue estimates, but profits slump
Amazon has reported worse-than-expected profits but its revenue beat expectations boosted by sales in its cloud-computing unit AWS
-
Bank of England rate hike says 'too soon to declare victory'
The Bank of England has announced another “forceful” increase in interest rates
-
Average long-term mortgage rate falls a fourth straight week
The average long-term U.S. mortgage rate declined for the fourth week in a row, a sign of relative stability that could potentially open the door for some prospective homebuyers to get back in the market
-
European Central Bank hikes rates, vows 'we are not done'
The European Central Bank has hiked interest rates by another half-point and vows a similar hike at its next meeting
-
US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation
- More Economic News »
