Mortgage refinance demand plunges 60%, as rates hit their highest level since 2018
A sharp increase in mortgage rates causes a plunge in refinance demand.
Companies added 455,000 jobs in March, slightly more than expected, ADP says
Private payrolls expanded by 455,000 for the month, the firm said, about in line with the Dow Jones estimate of 450,000.
The Fed’s preferred inflation gauge rose 5.4% in February, the highest since 1983
The personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983.
Economy added 431,000 jobs in March despite worries over slowing growth
Nonfarm payrolls were expected to rise by 490,000 in March, according to Dow Jones estimates.
Here’s where the jobs are — in one chart
Post-Covid rebounds in the leisure and hospitality and business sectors continued last month and helped drive a strong March jobs report.
There are signs a recession could be on the way. Here are some ways to protect your savings
If an economic downturn is around the corner, here are some ways to help protect your savings.
There are big shake-ups in the latest list of Asia’s 100 ‘best’ restaurants
Japan's Den rose two spots to clinch the title of Asia's best restaurant in 2022.
Sen. Bernie Sanders: Billionaires like Elon Musk and Jeff Bezos are ‘off taking joy rides on their rocket ships’
Sen. Bernie Sanders, I-Vt., compared three billionaires in the U.S. to oligarchs at a recent Senate Committee on Budget hearing, citing their space companies.
Soaring markets helped the richest 1% gain $6.5 trillion in wealth last year, according to the Fed
The wealth of the top 1% increased by $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal...