US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data published Friday, buoying investors navigating the early turbulent months of Donald Trump's second presidency.
Global stock markets rose on Friday following a solid US jobs report as investors greeted positive signs on the US-China trade war.Â
Inflation in the eurozone remained unchanged in April, staying higher than analysts expected, official data showed on Friday, but was unlikely to sway the European Central Bank from its interest rate-cutting cycle.
Mortgage rates fell to a three-week low, and with positive trends in home prices and inventory, the market is gradually moving in favor of buyers.The average rate on a 30-year fixed-rate mortgage dropped 13 basis points to 6.87% in the week ending May 1, according to rates provided to NerdWallet by Zillow. A basis point...
(The Center Square) – Despite waning American economic optimism and a decline in the first-quarter real gross domestic product, White House Deputy Chief of Staff Stephen Miller maintained Thursday that President Donald Trump’s economic policies will work to lower prices for Americans.Â
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his predecessor.
Mortgage rates might pogo up and down in May. By the end of the month, they could rise due to tariff-related inflation or fall in response to a tariff-induced economic slowdown.Keep in mind that we're in exceptionally unpredictable times. Mortgage rates will probably be volatile in May, "because of growing uncertainty in the economy. It...
Despite above-average wage growth in recent years, affordable housing remains out of reach for many Americans: since 2000, the median U.S. home price has jumped 177%, while the median household income has grown by 92%. And while this gap isn’t new, it has accelerated dramatically in the past few years—with some parts of the country now seeing home prices outpace wage growth by nearly 2x the national average. This report examines the cities and states where housing affordability has taken the biggest hit.
US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans.
(The Center Square) – Increasing trade policy activity by the United States and other countries has left 8 in 10 Americans with rising concerns on the cost of things they buy, a poll originating out of North Carolina says.