Page 93 - Philly Fed News Today

WASHINGTON (dpa-AFX) - The U.S. dollar climbed higher and scored gains over its major counterparts on Thursday, riding on the minutes of the Federal Reserve's July meeting that showed the central

It was a very boring day for mortgage rates.  There was no meaningful change versus yesterday's latest levels and there were almost no instances of mid-day rate changes in response to market volatility.  Reason being: there wasn't much intraday market volatility, even though there were events capable of moving the needle. The first potential market movers were the two key economic reports released at 8:30am ET  this morning.  T...

WASHINGTON (dpa-AFX) - Stocks continue to show a lack of direction in afternoon trading on Thursday, extending the lackluster performance seen earlier in the day. The major averages have spent

Outlook: Data today includes initial jobless claims, the Philadelphia Fed, and existing home sales. The Philly Fed is important in the context of the

WASHINGTON (dpa-AFX) - After reporting contractions in Philadelphia-area manufacturing activity in the two previous months, the Federal Reserve Bank of Philadelphia released a report on Thursday

WASHINGTON (dpa-AFX) - Stocks are turning in a lackluster performance in morning trading on Thursday, with the major averages bouncing back and forth across the unchanged line following the pullback

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A top ranked economics and finance blog with a focus on the housing market

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The report from New York is certainly consistent with what one would expect to see as an economy heads either into recession or more deeply into recession....MRNA