Asian markets enjoy record day as new US jobs data fans rate cut hopes
HONG KONG: Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day…
Why rates are falling before the Fed meeting
Mortgage rates continue a substantial decline. According to Zillow, the current 30-year mortgage rate is 6.12%, down eight…
Americans’ confidence in finding a new job falls to record low
Job seekers’ confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of…
Top analyst says you weren’t crazy for thinking the economy felt worse than it looked the last 3 years. The ‘rolling recession’ just ended
Economic headlines have been grim recently. The jobs report from July shattered the narrative that the economy of…
Treasury Secretary Brushes Off Warnings of U.S. Jobs Recession
Treasury Secretary Scott Bessent pushed back Sunday against growing concerns that the U.S. economy is sliding toward a…
Mortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range
Bond yields tumbled as the weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. That…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
While Dalio warns of Trump and autocracy, Ackman minds the mortgage forms – The Irish Times
Hedge fund billionaire Ray Dalio did something unusual in financial circles recently – he criticised Donald Trump. What…
U.S. Deficit Soars Past $100 Billion For Fourth Month In 2025
President Trump with Federal Reserve Chairman Jerome Powell ealier this year. Trump wants the Fed to lower interest…
US economy adds just 22,000 jobs in August as labour market cools – The Irish Times
The US added just 22,000 jobs in August, raising fears that the labour market is stalling and intensifying…