News that the U.S. economy created a surprisingly small number of jobs in September boosted stocks Friday.
Tag: U.S. Economy
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BOOMING U.S. STOCK MARKET SHOWS WARNING SIGNS
The overall value of the U.S. stock market continued to reach new records in this year’s third quarter, with earnings among the Standard & Poor’s 500 companies again exceeding 25 percent.
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CONSUMER CONFIDENCE FELL DRAMATICALLY IN SEPTEMBER
Last month, consumer confidence dropped to its lowest level in 12 years, the Conference Board said in reporting the results of its newest monthly poll.
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U.S. MORTGAGE RATE POSTS ITS BIGGEST GAIN IN FOUR YEARS
Last week, the average U.S. interest rate on a 30-year, fixed-rate mortgage shot up to 7.28 percent from 7.03 the week before, marking the biggest weekly jump since October 2022, the Federal Home Loan Mortgage Corp. reported.
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ECONOMIC UPDATE
A fundamental basis of tracking trends is the understanding that all things are connected.
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U.S. ECONOMY ADDED ONLY 29,000 JOBS IN SEPTEMBER
Employers took on only an additional 29,000 non-farm workers last month, according to the Bureau of Labor Statistics’ (BLS) initial tally, barely a third of the 84,000 economists in a Dow Jones survey had expected.
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SPOTLIGHT: WHY U.S. APARTMENTS BECAME A BAD INVESTMENT
As we have greatly documented with facts and data, the economies of the U.S. and of many nations were artificially propped up during the COVID War.
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U.S. CONSUMER SENTIMENT SAGS TO FOUR-MONTH LOW
The University of Michigan’s second of its bimonthly surveys of U.S. consumer sentiment fell to 48.1 in September, down from 51.7 in August.
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U.S. MORTGAGE RATE HITS 7 PERCENT
Last week, the average national U.S. interest rate on a 30-year, fixed-rate mortgage reached 7.03 percent, the Federal Home Loan Mortgage Corp. reported, the highest since January 2025.