‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say

Key Points

The U.S. job market is seeing a low rate of layoffs but also a slow pace of hiring among employers.
That comes amid signs of labor market strength overall: Unemployment is historically low, for example.
This means while employers are holding on to workers, job seekers are having a tough time.

Source

Finance

This country may have the fastest-growing e-commerce sector ‘on the planet’

December 21, 2024

ETF Edge This country may have the fastest-growing e-commerce sector ‘on the planet’ Published Sat, Dec 21 202411:00 AM EST Krysta Escobar WATCH LIVE Source

Finance

How the Federal Reserve’s rate policy affects mortgages

December 21, 2024

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to continue to see mortgage rates hover around six and a half to 7%,” said Jordan […]

Finance

Stocks making the biggest moves midday: Novo Nordisk, Mission Produce, Occidental Petroleum and more

December 20, 2024

Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked stocks — Shares of MicroStrategy , […]