U.S. Jobless Claims Fall 10,000 to 196,000 in Latest Week
The number of Americans filing new claims for unemployment benefits fell by 10,000 in the…
Author: Adarsha Dhakal
Housing Starts Fall 2.6% as Single-Family Building Jumps 7.6%
U.S. housing starts fell 2.6% in August even as single-family construction rebounded sharply, with a…
Fed’s Bowman Says Bank Stress-Test Overhaul Nears Finalization
Federal Reserve Vice Chair for Supervision Michelle Bowman said the central bank is approaching a…
Only Four States Post Significant Payroll Gains in August
Only four states recorded statistically significant increases in nonfarm payroll employment in August 2026, while…
Mortgage Rates Jump to 6.95%, Up 19 Basis Points in a Week
U.S. mortgage rates jumped sharply in the latest weekly reading, pushing the average 30-year fixed…
Dow Posts Worst Week Since March as 10-Year Treasury Reaches 5.01%
The Dow Jones Industrial Average finished its worst week since March as U.S. Treasury yields…
Bowman Says Fed Knew of SVB Risks by March 2022
Federal Reserve supervisors knew, or should have known, about major vulnerabilities at Silicon Valley Bank…
U.S. Industrial Production Stalls as Manufacturing Falls 0.3%
U.S. industrial production was essentially unchanged in August as factory output fell 0.3%, while stronger…
IRS Warns Fake Tribal Tax Credits Do Not Exist Under Federal Law
The Internal Revenue Service warned taxpayers Friday that promoters are selling fake “Tribal Tax Credits”…
Fed Raises Interest on Reserve Balances to 3.90% as New Policy Takes Effect
The Federal Reserve’s new interest-rate settings took effect Thursday, September 17, raising the interest rate…