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U.S. job openings unexpectedly increased in December and data for the prior month was revised higher, suggesting that the labor market likely remains too strong for the Federal Reserve to start cutting interest rates in the first quarter. Nevertheless, the labor market is gradually cooling, with the report from the Labor Department on Tuesday also showing Americans staying put at their current jobs, which could help to slow wage growth. Fed officials are expected to keep rates unchanged at the end of a two-day policy meeting on Wednesday against the backdrop of a resilient economy, which is...

The labour market is gradually cooling, with the report from the Labor Department on Tuesday also showing Americans staying put at their current jobs, which could help to slow wage growth

U.S. job openings unexpectedly rose in December and data for the prior month was revised higher, suggesting the labor market likely remains too strong for the Federal Reserve to start cutting interest... -January 30, 2024 at 11:44 am EST - MarketScreener

US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.While home prices tend to be higher in the summer months, "this is the highest December median home price ever," Yun said on Friday.

US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.