MSNBC 2022 Headlines Highlights and History June 4, 2024 11:25:00
The housing market, where home buyers are saying, nope, to sky-high mortgage rates. 30 year fixed rate topped out at 7% in the fall, more than double what it was a year ago. the tech sector faced a pullback is, well as amazon and meta laid off thousands of workers. >> i want to say, you know, up front, but i take full responsibility for this decision. >> the tech layoffs did not appear to have a major impact on a strong jobs market, where the unemployment rate touched a 50 year low of 3.5% in september. instead, the damage was done in the stock market, where the s&p 500 lost about a quarter of...