Labor/Economy

‘Economy Watch’ Podcast with Dees Stribling: No Definite Word About Interest Rates

No definite word about interest rates from the Fed. As usual.

Economy Watch: Stocks in Freefall

Wall Street still has those is-this-a-simple-correction-or-is-it-worse October sliding index blues, with the Dow Jones Industrial Average down 223.03 points, or 1.35 percent for the day.

Economy Watch: Consumers Expected to Spend More This Holiday Season

The International Council of Shopping Centers forecasts that U.S. holiday retail sales will improve 4 percent this year compared with 2013 (the organization counts sales in November and December as holiday sales).

Economy Watch: Residential Price Increase Still Slowing

Trulia reported that asking prices for U.S. residential properties rose 0.8 percent in September, up in 92 of the 100 largest metro markets.

Economy Watch: FOMC Noncommittal on Interest Rates

The Federal Open Market Committee released its notes from its Sept. 16-17 meeting, and as usual, it purposefully offered nothing conclusive about when interest rates will rise.

Economy Watch: Number of Job Openings Jumps

There were 4.8 million U.S. job openings on the last business day of August, up from 4.6 million in July, the Bureau of Labor Statistics reported in its Job Openings and Turnover Summary (JOLTS).

‘Economy Watch’ Podcast with Dees Stribling: A Strong Month for Employment Growth

September was a strong month for employment growth.

Economy Watch: Mortgage Delinquencies Edge Up, Foreclosures Down

Black Knight Financial Services reported in its latest Mortgage Monitor that 5.9 percent of U.S. mortgages were delinquent in August, up from 5.64 percent in July.

Economy Watch: Employment Expansion Picks Up Again in September

The number of jobs created in September rebounded—248,000 versus a 12-month average of 213,000 per month—and some sectors added jobs robustly, according to the Bureau of Labor Statistics.