Tag: indicators

The ECB’s big meeting is in December — here’s what analysts expect at this week’s gathering

Like most central banks, hotter inflation than expected is the topic du jour at the European Central Bank. President Christine Lagarde and most of the rest of the ECB are still in the inflation is transitory camp, at least for now. Of course, inflation isn’t quite as red hot in the eurozone as it is […]

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Here’s why now is a good time to buy overseas

According to a survey by the University of Michigan, only 29% of Americans think now is a good time to buy a home. The number hasn’t been this low since 1982. In 1982 the rate for a 30-year fixed mortgage was 15.13% compared with just 2.86% today. If it’s so much cheaper to get a […]

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This state has the biggest labor shortage — and one of the lowest unemployment rates

Labor shortages are most prevalent in Nebraska and least prevalent in Hawaii, according to a first-of-its-kind Labor Department report published Friday as employers across the U.S. struggle to fill job openings. In August, when 8.4 million Americans were unemployed, there were 10.4 million job openings, according to data from the Bureau of Labor Statistics. That […]

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Rents are rising ‘ominously’ fast as tenants see biggest increase in 20 years

You don’t need a crystal ball to predict that housing costs likely will continue to climb — because that’s what the latest Consumer Price Index appears to be foreshadowing. In September, the shelter index rose by 0.4% — accounting for nearly one-third of the overall 0.4% increase in prices across all goods and services last […]

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Jobless claims fall below 300,000 for first time since pandemic. Businesses shun layoffs amid labor shortage

The numbers: Just 293,000 people who recently lost their jobs applied for unemployment benefits in mid-October, pushing new U.S. jobless claims to a pandemic low amid a frantic effort by companies to hire more workers. New jobless claims sank by 36,000 in the seven days ended Oct. 9 from a revised 329,000 in the prior […]

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