MSNBC 2022 Headlines Highlights and History June 4, 2024 12:25:00
Buyers were saying no to sky-high mortgage rates. three year fixed rate stop t at 7% in the fall, more than double what it was a year ago. the tech sector face the pullback as well as amazon and middle lead off thousands of workers. >> i want to say, upfront, tha i take full responsibility for this decision. >> the tech layoffs did no appear to have a major impac on a strong jobs market, where the unemployment rate touched 50 year low of 3.5% an september. instead, the damage was done i the stock market, where the s& 500 lost about a quarter of it value. tech stocks were among the biggest lose...