August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by ...
Tag: Inflation
More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the ...
As Interest-Rate Cut Nears, Can It Really Spur Home Sales to Gain Traction Fast?
It’s coming. The Fed has strongly intimated that an interest rate is coming, most likely at its next meeting Sept. ...
Consumer Confidence Up Slightly in August Due to Economy and Inflation
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next ...
Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to ...
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
Election 2024: Comparing Trump and Harris Housing Priorities
The 2024 presidential election is now close enough to count down the time in weeks, not months. As the campaigns ...
Economic Index Drops, but Recession Isn’t Predicted by the Results
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Latest CPI Data Shows Lowest Inflation Since 2021
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, ...
Mortgage Rates Plummet to Lowest Level in Over a Year
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average ...
Reconcile Transactions Weekly, Not Monthly
Frequent reconciliation helps brokerages catch errors early, avoid end-of-month scrambles and keep cash flow predictable. Stay ahead of errors.
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