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  • The job market is cooling, hit by higher rates and a slower economy : NPR
    Economy News

    The job market is cooling, hit by higher rates and a slower economy : NPR

    April 8, 2023 /

    A contact for work sign is displayed at a Taco Bell in Austin, Texas, on March 10, 2023. The labor marketplace is slowing as increased fascination fees start off to filter through the economic climate. Brandon Bell/Getty Images cover caption toggle caption Brandon Bell/Getty Illustrations or photos A simply call for employment sign is shown at a Taco Bell in Austin, Texas, on March 10, 2023. The labor sector is slowing as greater desire premiums start off to filter by way of the financial state. Brandon Bell/Getty Pictures The U.S. career industry is showing symptoms of softening as increasing curiosity fees and slowing economic development get started to just take…

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    Francis McGee Comments Off on The job market is cooling, hit by higher rates and a slower economy : NPR

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    The global economy’s slow-motion reset as cheap money era ends

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    April 23, 2023
    Analysis: Fed’s quandary: Can the economy keep motoring and inflation fall?

    Analysis: Fed’s quandary: Can the economy keep motoring and inflation fall?

    February 22, 2023
    Strategies for Trading UK Government Bonds

    Navigating the Sovereign Debt Landscape: Strategies for Trading UK Government Bonds

    April 19, 2025
  • Real estate reprieve continues as mortgage rates keep falling
    Real Estate News

    Real estate reprieve continues as mortgage rates keep falling

    March 25, 2023 /

    ‘Mansion Global’ host Katrina Campins discusses the house loan charge roller coaster and the influence of Silicon Valley Bank’s closure on the serious estate market place. Property finance loan rates fell for a 2nd week, in accordance to weekly details compiled by Freddie Mac. The 30-calendar year fastened-price mortgage (FRM) averaged 6.42{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as of Mar. 16, down from 6.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} recorded very last week. A person calendar year in the past, the 30-yr FRM averaged 4.42{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. In the meantime, the 15-calendar year set-level mortgage loan averaged 5.68{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, down from very last week when it averaged 5.90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. At the identical time in 2022, the 15-12 months FRM averaged 3.63{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Household residences in…

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    Francis McGee Comments Off on Real estate reprieve continues as mortgage rates keep falling

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    How To Give 5-Star Service To Your Military And Veteran Clients

    How To Give 5-Star Service To Your Military And Veteran Clients

    December 2, 2022
    27K realtors listed in the market

    27K realtors listed in the market

    March 18, 2023
    North Country real estate used to be a “buyer’s market.” Not anymore

    North Country real estate used to be a “buyer’s market.” Not anymore

    December 11, 2022
  • US ups interest rates, UBS buys Credit Suisse – this week’s economy news
    Economy News

    US ups interest rates, UBS buys Credit Suisse – this week’s economy news

    March 25, 2023 /

    This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US raises interest rates by 0.25 percentage points; UBS takes over Credit Suisse; IMF board approves Sri Lanka bailout. 1. US raises interest rates again as it weighs up banking crisis The US Federal Reserve has raised interest rates by a quarter of a percentage point but indicated it is on the verge of pausing further increases. This is to help balance out inflation risks given the threat of banking-system instability and a potential credit crunch that could lead to a sharp economic slowdown. The rate hike is the US central bank’s…

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    Francis McGee Comments Off on US ups interest rates, UBS buys Credit Suisse – this week’s economy news

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    Premarket stocks: Consumers are keeping the economy afloat… for now

    Premarket stocks: Consumers are keeping the economy afloat… for now

    December 1, 2022
    So maybe the economy won’t tank after all?

    So maybe the economy won’t tank after all?

    January 8, 2023
    Fmr State Sen. Pittman weighs in on good, bad of economic incentives

    Fmr State Sen. Pittman weighs in on good, bad of economic incentives

    April 9, 2023
  • Powell tells Congress rates will likely be ‘higher than previously anticipated’
    Finance News

    Powell tells Congress rates will likely be ‘higher than previously anticipated’

    March 8, 2023 /

    Federal Reserve Chair Jerome Powell told lawmakers on Tuesday interest fees are very likely to increase far more than beforehand envisioned as the central lender works to convey down inflation, which continues to be stubbornly higher than the central bank’s 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} goal. U.S. shares ended up buying and selling lessen Tuesday as some analysts said the responses were being far more hawkish than predicted. Close to 2:20 p.m. ET, the benchmark S&P 500 (^GSPC) was near session lows, slipping 1.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, with the Dow Jones Industrial Ordinary (^DJI) off 1.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and the Nasdaq Composite (^IXIC) slipping 1.2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. “The latest financial facts have arrive in much better than expected, which suggests that…

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    Francis McGee Comments Off on Powell tells Congress rates will likely be ‘higher than previously anticipated’

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    Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

    Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

    January 10, 2023
    Stocks fall as investors assess earnings, path for rates

    Stocks fall as investors assess earnings, path for rates

    February 9, 2023
    BuzzFeed stock rises more than 120{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} after company announces plans to use ChatGPT

    BuzzFeed stock rises more than 120{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} after company announces plans to use ChatGPT

    January 28, 2023
  • Stocks fall as investors assess earnings, path for rates
    Finance News

    Stocks fall as investors assess earnings, path for rates

    February 9, 2023 /

    U.S. stocks shut Wednesday decreased as yet another bout of earnings success hit traders’ desks and Wall Road weighed the outlook for interest premiums following Federal Reserve Chair Jerome Powell signaled extra hikes may well be essential than marketplaces are pricing in. The S&P 500 (^GSPC) declined 1.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, although the Dow Jones Industrial Common (^DJ) drop roughly 200 points, or .6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technologies-weighty Nasdaq Composite (^IXIC) tumbled 1.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. In distinct inventory moves, shares of Alphabet (GOOG) tanked 7.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} right after the Google mum or dad disclosed a batch of new AI-run features for its Search, Maps, and Lens apps and a presentation of the technology misfired. The announcement came just…

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    Francis McGee Comments Off on Stocks fall as investors assess earnings, path for rates

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    Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’

    Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’

    March 28, 2023
    Tesla stock is tanking on delivery whiff and JPMorgan downgrade

    Tesla stock is tanking on delivery whiff and JPMorgan downgrade

    January 4, 2023
    Attitudes begin to shift regarding monetary policy, economic growth, and stock prices

    Attitudes begin to shift regarding monetary policy, economic growth, and stock prices

    February 13, 2023
  • Biden touts job growth and slowing inflation rates in speech on economy
    Economy News

    Biden touts job growth and slowing inflation rates in speech on economy

    January 27, 2023 /

    President Joe Biden cheered the news of higher than envisioned GDP progress and slammed Republican ideas to impose a national gross sales tax in a speech Thursday at a steamfitters union hall in Springfield, Va., his very first big economic speech of the new calendar year. “I am not confident the information could have been any improved – economic growth is up much better than authorities envisioned, 2.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502},” Biden mentioned, referencing a report launched previously Thursday by the Commerce Section. “I will not feel it’s unfair to say that this is all evidence that Biden economic system is basically working.” Biden put in substantially of the next 50 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of…

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    Francis McGee Comments Off on Biden touts job growth and slowing inflation rates in speech on economy

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    Russian Imports Rebound as Economy Looks Set for Growth

    Russian Imports Rebound as Economy Looks Set for Growth

    February 3, 2023
    Improved global economy means good news for U.S. economy

    Improved global economy means good news for U.S. economy

    February 11, 2023
    ‘Circular economy’ programs aim to reduce waste and build jobs

    ‘Circular economy’ programs aim to reduce waste and build jobs

    December 21, 2022
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