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One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing
Bank stocks rise on Fed rate-cut rally
US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of monetary policy will boost Wall Street giants and
Why Gen Z is willing to trade lower pay for a better work-life balance
Gen Z’s need for “stability, sustainability and safety” in the workplace is due in part to the fact that it started working during the COVID-19 era
Boeing set to start large-scale furloughs due to machinists strike
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week.
Mortgage rates inch closer to 6% following Fed rate cut
Average 30-year fixed mortgage rates fell again this week to 6.09%, though the move wasn’t directly tied to the Federal Reserve’s rate cut on Wednesday. The average rate dropped 0.11 percentage point
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.
Read the memo 23andMe's cofounder sent to staff after the entire board quit
Me's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to take it private.
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2% early Thursday, after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover of
LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout
LVMH CEO Bernard Arnault was wealthier than Elon Musk and Jeff Bezos in March, but his net worth has plummeted since then.
Trump Media’s Truth Social Faces Key Moment Friday. What It Means for DJT Stock.
The volatile Trump Media stock will face a crucial day tomorrow. Donald Trump and other insider investors in the Truth Social parent company will be able to sell shares as the lockup period after the
'Glossing' at work is a form of toxic positivity, and it may be holding you back
Glossing is prevalent in workplaces, especially during periods of change, but everyone loses out when tough times aren't addressed, an expert said.
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