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US jobless claims fall to 191,000, lowest since 2022
US jobless claims dropped to 191,000, the lowest since 2022, signaling muted layoffs even as hiring slows and raising questions ahead of the Federal Reserve’s rate decision.
Stocks climb as Wall Street nears record high
U.S. stocks rose Wednesday as easing bond yields and mixed economic data boosted hopes for an upcoming Federal Reserve rate cut, pushing Wall Street near record highs.
Colorado, FTC reach $24M deal over Greystar hidden fees
Colorado and the FTC reached a $24 million settlement with Greystar after investigators found the landlord misled renters with hidden fees and deceptive pricing.
Analysts warn K-shaped economy is widening in the U.S.
Analysts warn the K-shaped economy is widening as higher-income Americans gain and lower-income households face weaker wages, rising prices and slowing hiring.
Analysts predict record Cyber Monday spending despite uncertainty
Analysts predict record Cyber Monday spending as Adobe forecasts up to $14.2B in online sales despite economic uncertainty, tighter budgets and rising prices.
US stocks slip as bitcoin plunges and yields rise
U.S. stocks ended a six-day streak as bitcoin tumbled and Treasury yields climbed. Investors weighed Fed rate-cut hopes, global market shifts and crypto losses.
US mortgage rates fall to 6.23% after three-week climb
The average US 30-year mortgage rate fell to 6.23 percent after a three-week rise as Treasury yields declined, offering buyers slight relief despite ongoing affordability challenges.
US unemployment claims fall as layoffs stay low
US unemployment claims dropped to 216,000 last week, signaling low layoffs despite recent job cuts at major companies. Data shows a slowing economy and easing inflation.
Foreign sellers struggle as US shoppers face new tariff costs
Foreign small businesses are losing US customers after the de minimis exemption ended, raising tariffs and fees on cross-border orders as the holiday shopping season begins.
US retail sales rise slightly as consumers pull back in September
US retail sales rose 0.2 percent in September as consumers eased spending after strong summer gains. Economists say inflation, weak hiring, and tariffs are weighing on demand.
Consumer confidence falls as high costs unsettle Americans
U.S. consumer confidence fell sharply in November as inflation, weak hiring and the recent government shutdown made Americans more cautious about the economy.
Colorado report warns tariffs hurting businesses and agriculture
A new Colorado report finds federal tariffs are raising costs, disrupting planning and straining businesses and agriculture across the state, prompting calls for action.
