Page 73 - Jeffrey Roach News Today

Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.

Consumer confidence is weakening under the weight of inflation, higher rates, and economic uncertainty. This could affect holiday spending, some say.

U.S. consumer confidence ebbed in October after two straight monthly increases amid rising concerns about inflation and a possible recession next year, but households remained keen to purchase

An often-overlooked economic measure is signaling serious trouble ahead

According to The Conference Board’s Leading Economic Indicators index, conditions worsened in September.

New Producer Price Index (PPI) numbers for Sept. show a 0.4% rise, which was higher than most economists predicted. CPI increase is expected.

Dow tumbles 630 points as Fed pivot hopes fade after solid jobs report-

Data showing a hot labour market will likely propel Federal Reserve's hawkish position

Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve to slow the economy, the Labor...

Strong payrolls growth and a plunging unemployment rate mean more rate hikes are on the way.