Latest in The unemployment rate for Black women fell in December, following a sharp rise
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Pending home sales drop sharply in December as mortgage rates surge back over 7%
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors.NBC News - 6d -
Pending home sales drop sharply in December as mortgage rates surge back over 7%
Pending home sales in the U.S. fell in December as mortgage rates climbed again.CNBC - 6d -
Nvidia rises 6% in Tuesday bounce following largest market value loss in history
The chipmaker plunged 17% on Monday.CNBC - Jan. 28 -
Ultra-processed food? Forever chemicals? Declining birth rates? What’s behind rising cancer in the under-50s?
Research into the disease has never been more far-reaching, but there is little consensus as to what is causing the rocketing rates of diagnosis in young adults. In 2022, around 16% of the 20 ...The Guardian - Jan. 26 -
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.CNBC - Jan. 24 -
Indiana Jones Enters The 20 Best-Selling Games In The US For December, But Black Ops 6 Is Still No. 1
As one of the last major releases of 2024, Indiana Jones and the Great Circle missed out on some of the year-end awards. However, it was the lone new release to break into the 20 best-selling ...GameSpot - Jan. 23 -
More Americans file for unemployment benefits, continuing claims highest in 3 years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three yearsABC News - Jan. 23 -
Japan’s biggest banks hit valuation landmark as BoJ weighs rate rise
Largest lenders now trade at or close to their book values for first time in almost a decadeFinancial Times - Jan. 23 -
Birth rate in South Korea, the world's lowest, set to rise for the first time in nine years
South Korea’s birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the pandemic.NBC News - Jan. 22 -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - Jan. 21 -
China's Population Fell Again Despite a Surprise Rise in Births
The country’s population fell for a third straight year as deaths outpaced births.The Wall Street Journal - Jan. 17 -
New report reveals rising cancer rates among women
The American Cancer Society finds cancer rates are increasing in women, surpassing men in some cases. Dr. Celine Gounder, CBS News medical contributor, joins "CBS Mornings" to discuss these ...CBS News - Jan. 17 -
Cancer rates have increased for young women since 2002, research shows
While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...CBS News - Jan. 16 -
Fewer Americans are dying from cancer, but rates rising in women and young people
CBS News Chief Medical Correspondent Dr. Jon LaPook talks about the American Cancer Society's latest cancer report that shows both positive and concerning trends.CBS News - Jan. 16 -
Mortgage rates rise past a key mark, signaling bad news for home buyers
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.MarketWatch - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - Jan. 16 -
Black Women Defend Mayor Karen Bass Amid Criticism of Wildfire Response
Many celebrities and politicians have criticized Karen Bass for her city’s response to the wildfires, but her defenders say she is being held to a double standard.The New York Times - Jan. 16 -
Cancer deaths are down in U.S., but rates rise for some groups
The American Cancer Society's annual cancer trend report shows cancer mortality is decreasing but cancer rates are increasing in young adults and women.CBS News - Jan. 16 -
The Design Legacy of Los Angeles That Fell to the Fires
The finality of the wildfires’ destruction has taken 10 more cherished buildings — by Richard Neutra, Gregory Ain, Eric Owen Moss and others.The New York Times - Jan. 16 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.CBS News - Jan. 15 -
These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates
Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.MarketWatch - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.CNBC - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.The New York Times - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Eagles' Hurts looks 'sharp' in return to practice
Eagles quarterback Jalen Hurts practiced in a limited capacity Wednesday as the Eagles began their on-field preparations for Sunday's wild-card playoff game against the Packers.ESPN - Jan. 8 -
Power lines fell as Palisades Fire raged in California
The Palisades Fire, which is spreading into Malibu, downed power lines and charred homes as residents tried to evacuate. CBS News Los Angeles' Michele Gile reportsCBS News - Jan. 8 -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - Jan. 8 -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - Jan. 6
