Housing starts drop 4.2% as high mortgage rates scare off home buyers
admin The numbers: Construction on new houses fell 4.2% in October as high mortgage rates scared…
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U.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly…
Read MorePhiladelphia Fed’s manufacturing gauge sinks further in November
The numbers: The Philadelphia Federal Reserve said Thursday that its gauge of regional business activity…
Read MoreBlack Sea grain deal to be extended, UN says
U.N. Secretary-General António Guterres announced an extension of a four-month-old deal to ensure the safe…
Read MoreHome builder sentiment continues to sour in November
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 5 points…
Read MoreU.S. manufacturing sector losing steam
The numbers: U.S. industrial production fell 0.1% in October, the Federal Reserve reported Wednesday. The…
Read MoreU.S. import prices post fourth straight monthly decline
The numbers: Import prices fell 0.2% in October, the U.S. Labor Department said Wednesday. This…
Read MoreWholesale prices rise slowly again and point to softening U.S. inflation
The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading…
Read MoreNew York Empire State factory gauge edges higher in November
The numbers: The New York Federal Reserve’s Empire State business conditions index, a gauge of…
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Republicans clinch slim majority in House, likely signaling gridlock ahead
Republicans will take over the U.S. House of Representatives two years into President Joe Biden’s…
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