Economy added 256,000 jobs in December: The key facts and figures
The headline The economy added 256,000 jobs in December, and the unemployment rate fell a tenth of a percentage point to 4.1% ...
Wall St slides, S&P 500 hits over two-month low after hot payrolls data
Wall Street's main indexes fell on Friday, with the S&P 500 touching an over two-month low after an upbeat jobs report stoked ...
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Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Fed Rate Cuts on Hold with Continued Healthy Job Growth
The US economy continued to add new jobs at a healthy clip in December, with the latest jobs report likely cementing the ...
It's been a brutal start to the year for the bond market
The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the ...
Americans can expect major change to credit card rates in 2025
As expenses continue to increase, many Americans turn to credit cards to help bridge the gap. However, credit cards have one of the highest interest rates of any consumer lending product, sometimes ...
Comfort food is coming to fill the gap where Cantina 1511 once fed us in Charlotte
A new restaurant aiming to satisfy Charlotte’s cravings — Mama’s Comfort Food & Cocktails — is moving into the Park Road ...
Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls was leading to a reduced market-based likelihood for any rate ...
30-Year Refinance Rates Rise Again, Flirting With Recent 5-Month High
Mortgage refi rates again added points, pushing the average almost to its highest level since July. Rate movement was mixed across other refi loan types.