Americans continued to hit the unemployment line in large numbers as the ongoing surge of Covid cases added to America’s unemployment problem last week. Jobless…
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January 21 at 9:24 am
January 20 at 11:31 am
Spike in lumber and land prices causes homebuilder confidence to fall from epic high
A contractor moves roofing material on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, Calif. David…
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January 20 at 7:00 am
Weekly mortgage refinance demand drops 5% after rates hit highest level since November
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty…
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January 14 at 4:02 pm
Powell sees no interest rate hikes on the horizon as long as inflation stays low
Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong…
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January 14 at 9:13 am
Jobless claims surge to highest weekly total since August
First-time claims for unemployment insurance jumped to 965,000 last week amid signs of a slowdown in hiring due to pandemic restrictions, the Labor Department reported…
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January 13 at 5:31 pm
The unemployment rate is above 20% for the lowest-paid workers, Fed's Brainard says
Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017….
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January 13 at 7:00 am
Mortgage refinance demand spikes 20% as borrowers fear missing out on record-low rates
A for sale sign sits outside a house in Miami Beach. Carlos Barria | Reuters After setting more than a dozen record lows last year,…
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January 12 at 10:22 am
Americans spent a record online over 2020 holidays, and more e-commerce gains are expected
An independent contractor to FedEx Corp. unloads packages from a delivery truck on Cyber Monday in New York, U.S., on Monday, Dec. 2, 2019. Michael…
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January 08 at 12:21 pm
Here's where the jobs are — in one chart
Arrows pointing outwards The U.S. economy ended seven months of job gains and posted its first net payrolls loss since April last month as restaurants…
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January 08 at 9:33 am
Economy sees job loss in December for the first time since April as surging virus takes toll
Job creation came to a halt in December as restrictions brought on by surging Covid-19 cases hammered virus-sensitive industries, particularly bars and restaurants, which lost…
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January 07 at 9:23 am
Weekly jobless claims little changed despite signs that hiring is slowing
First-time filings for unemployment insurance were little changed over the past week despite other indicators that the labor market weakened at the end of the…
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January 06 at 8:26 am
Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says
Private payrolls in December contracted for the first time since the early days of the coronavirus pandemic, according to a report Wednesday from ADP. The…
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