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Latest Articles
Fed’s Warsh May Consider September Rate Hike If Inflation Is Strong, Reportedly Insists on Minimalist Communication
15+ min ago (448+ words) Federal Reserve Chair Kevin Warsh acknowledges communication missteps during his initial ten weeks, particularly regarding price stability messaging and institutional reform plans. Despite market credibility concerns and rising long-term Treasury yields, Warsh remains committed to a systemic overhaul. He prioritizes…...
South Korea gold Archives
6+ hour, 56+ min ago (335+ words) GoldSilver South Korea’s central bank just ended a 13-year gold freeze. The Bank of Korea holds just 1.1% of its $427 billion in reserves in gold — against 69% for the US and Germany. Here’s what its return reveals about where global central bank…...
Jobless Claims Remain Below 200,000 For Third Straight Week—First Time in 57 Years
2+ hour, 23+ min ago (299+ words) breitbart.com The number of new claims for unemployment benefits remained near a historical low last week, indicating few Americans are losing their jobs to layoffs. The Department of Labor said on Thursday that 199,000 people filed for benefits for the…...
Semiconductor Stocks Stage Dramatic Reversal as Markets Close Mixed on Thursday
43+ min ago (256+ words) American equity markets delivered contrasting results Thursday as traders digested a wave of corporate earnings alongside new employment figures. The Nasdaq Composite gained 0.5% despite starting the session in negative territory, powered by a remarkable recovery in semiconductor equities. The iShares…...
Mortgage rates climb to highest level in a year
9+ min ago (462+ words) Five months into the war in Iran, rising oil prices and stubborn inflation are driving mortgage rates to the highest level in a year. The average 30-year fixed mortgage rate climbed to 6.66% this week, the highest since July of last…...
US labor market stable; worker productivity accelerates in second quarter
3+ hour, 7+ min ago (573+ words) WASHINGTON, Aug 6 (Reuters) - The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor market. Still, economists said the U.S. central bank could still raise…...
What to expect ahead of the July jobs report after data shows little movement (Video)
1+ hour, 7+ min ago (245+ words) The Bureau of Labor Statistics will release its July jobs report on Friday, August 7. CBS News business analyst Jill Schlesinger has more on what to expect. (Sponsored by AT&T Business) CBS News 24/7 is the premier anchored streaming news service…...
Putin forces Central Bank to cut key rate – Bloomberg
2+ hour, 35+ min ago (358+ words) For many years, Russian leader Vladimir Putin has kept his distance from Russia's monetary policy and avoided interfering in the work of the Central Bank. The latest cut to the key rate, however, came under pressure. Details: Bloomberg reported that…...
"Connecting the Local Employment Ecosystem"... Korea Southern Power Signs Agreement with Busan Global City Foundation on International Student Job Experience Program - MK
9+ hour, 6+ min ago (282+ words) Korea Southern Power Co., Ltd. is joining hands with Busan Global City Foundation to build a virtuous growth model that will help attract talented workers to small and medium-sized companies in Busan and support foreign students in settling in the…...
German Car Registrations In July Up 1.2% At 268,068 - KBA
7+ hour, 33+ min ago (27+ words) TradingView German Car Registrations In July Up 1.2% At 268,068 - KBA More news from Reuters...