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Unseasonably warm Christmas may threaten snow chances

The US is bracing for above-average temperatures this Christmas, jeopardizing hopes of a white Christmas as warm, moist Pacific air is expected to dominate. This article examines the temperature outlook, potential impact on existing snow, and the role of the jet stream in the forecast. ....

United States , Climate Prediction Center , Climate Prediction , Ee National ,

Unseasonably warm Christmas may threaten snow chances

The US is bracing for above-average temperatures this Christmas, jeopardizing hopes of a white Christmas as warm, moist Pacific air is expected to dominate. This article examines the temperature outlook, potential impact on existing snow, and the role of the jet stream in the forecast. ....

United States , Climate Prediction Center , Climate Prediction , Ee National ,

U.S. jobless claims drop: Update on unemployment benefits

The number of Americans filing for jobless benefits decreased last week, indicating a thriving labor market despite high interest rates and elevated costs. Unemployment benefit applications fell by 19,000 to 202,000, beating analysts expectations. The figures also reveal an increase in the number of people collecting unemployment benefits, with 1.88 million individuals recorded. ....

United States , Labor Department , Ee National ,

U.S. mortgage rates drop below 7%: Boost for homebuyers

The average long-term U.S. mortgage rate declined below 7%, reaching its lowest level since early August, offering relief to prospective homebuyers amidst higher borrowing costs and limited housing inventory. The drop marks the seventh consecutive week of declining rates, providing an opportunity for buyers to take advantage of the favorable market conditions. ....

Freddie Mac , Ee National ,

US oil futures hit longest losing streak in five years

US oil futures have recorded seven consecutive weeks of declines, extending their longest losing streak in five years. Concerns over increased global production and skepticism towards OPEC s supply reduction promises, coupled with projections of declining crude demand, especially in China, have contributed to the downturn. In contrast, US gas prices have dropped to an average of $3.19 per gallon, down 22 cents from a month ago and 14 cents from last year. ....

United States , Organization Of The Petroleum Exporting Countrie , Petroleum Exporting Countrie , Ee National ,