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British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs
World
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones […]
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World
Mortgage refinance demand plunges 21%, as interest rates hit 3-week high
A brief roller coaster ride for mortgage rates caused yet another swing in demand. After dropping to a three-year low two weeks ago, rates then shot right back up again. As a result, total mortgage application volume dropped 12.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. […]
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World
From Spain’s bull run to gold’s surge: How the third quarter played out in Europe
Spain’s IBEX equity index has posted a return of nearly 10% over the last few weeks, way above its continental peers. Source
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