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Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department reported Thursday, July 14, 2022. First-time applications generally reflect layoffs. Analysts had expected the number to remain flat from the previous week.
Economy

Jobless claims decline in encouraging sign for ‘soft landing’ for economy

Zach Halaschak -
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FILE - In this Nov. 14, 2013, file photo, a home is advertised for sale in Matthews, N.C. U.S. home prices barely rose in November from the previous month and year-over-year gains slowed, reflecting declines in sales in the fall, according to a report from real estate data provider CoreLogic, Tuesday, Jan. 7, 2014. (AP Photo/Chuck Burton, File)
Business

Mortgage rates highest in two decades amid fallout from Fed tightening

Zach Halaschak -
0
Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department reported Thursday, July 14, 2022. First-time applications generally reflect layoffs. Analysts had expected the number to remain flat from the previous week.

Recession odds rise to 100% in economic modeling

Zach Halaschak -
0
As traders work and watch, a news conference held by Federal Reserve Chair Jerome Powell is displayed at the New York Stock Exchange in New York, Wednesday, July 27, 2022.
Economy

Strong September jobs report raises fears Fed won’t be able to avoid recession

Zach Halaschak -
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Chicago fed president sees higher interest rates bringing higher unemployment
Finance

Chicago fed president sees higher interest rates bringing higher unemployment

Washington Examiner -
0
Manufacturing gauge falls to lowest level since start of pandemic as Fed hikes kick in
Business

Manufacturing gauge falls to lowest level since start of pandemic as Fed hikes kick in

Zach Halaschak -
0
Soaring interest rates mean debt reckoning could come years sooner than thought

Soaring interest rates mean debt reckoning could come years sooner than thought

Zach Halaschak -
0
Albert Delarosa stocks shelves with Coca-Cola products at the IGA supermarket in the Port Richmond neighborhood of Philadelphia.

Core inflation rose in August, according to key gauge watched by Fed

Zach Halaschak -
0
FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)
Business

Plunging pound spells cheaper UK travel for US tourists

Zach Halaschak -
0
Investors are now bracing for ‘hard landing’ for economy

Investors are now bracing for ‘hard landing’ for economy

Zach Halaschak -
0
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