Vince Golle

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Small-Business Optimism Falls To A More Than 11-Year Low

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A small-business sentiment index recorded its seventh decline in the last eight months.

U.S. 30-Year Mortgage Rate Drops Below 7%, Spurring Home Purchases

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The contract rate on a 30-year fixed mortgage decreased 18 basis points.

U.S. Home-Buying Demand Nears Worst Since 1995 With Rates Above 7%

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A gauge of U.S. applications for home purchases dropped for a fifth week.

U.S. Business Activity Expands At Fastest Pace In Seven Months

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Also, the S&P Global measure of selling prices registered the weakest growth since May 2020, dragged down by service providers.

Labor Market Seen Cooling In 2024, Regional Fed Surveys Show

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The data show that the Fed's efforts to slow growth and temper inflation are filtering into the economy.

Consumer Sentiment Jumps As Inflation Concerns Dissipate

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Consumers see prices rising at an annual rate of 3.1% over the coming year.

U.S. Shoppers Take A Breather, Prices Ease In Sign Of Cooling Economy

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Shrinking sales and cooling prices may portend a soft economic landing to come.

Americans Are Working Fewer Hours And That Holds Clues For Job Market

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A further decline in average workweek hours risks a pickup in layoffs.

Surprisingly Strong Economic Data Keeps Recession Fears At Bay

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The resilience of consumers and the housing market point to continued growth, economists say.

U.S. Economy Is Cooling Steadily As Consumers, Factories Pull Back

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Some Fed policymakers have recently hinted that they'd be open to a rate pause.

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