Tag: Federal Reserve
U.S. employers added a surprisingly strong 178K jobs in March
WASHINGTON (AP) – American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped...
Average U.S. long-term mortgage rate climbs to highest level in nearly...
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home...
U.S. consumer confidence inches up despite soaring gas prices
WASHINGTON (AP) – U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.
The Conference Board said Tuesday...
U.S. filings for jobless aid tick up 210K from last week
WASHINGTON (AP) – The number of Americans applying for jobless aid inched up last week as employers continue to retain workers despite a labor...
Mortage rate climbs to highest level in more than 6 months
MCLEAN, Va. (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months, driving up...
Federal Reserve keeps rates steady, projects 1 rate cut this year
WASHINGTON (AP) – Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still...
U.S. producer prices rose by a surprisingly hot 3.4% last month,...
WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected in February.
The Labor Department reported Wednesday that its producer price index – which...
Key inflation gauge worsened in January, before Iran war lifted gas...
WASHINGTON (AP) – An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently...
Cybersecurity more than just a line item for small community banks...
For Rhode Island’s banks, cybersecurity is no longer just a back-office function or a line item on a spreadsheet – it’s core to the...
Inflation held steady in February before attack on Iran sent energy...
KANSAS CITY (AP) – Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before...
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