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August Layoffs Reached Record Highs, New Hires Hit Historic Lows

According to a report by job-placement firm Challenger, Gray & Christmas, monthly layoffs in the U.S. hit a 15-year high in August, while hiring so far this year is the lowest in 20 years. Last month, employers announced 75,891 layoffs, a staggering 193% increase from July. data A report from the recruitment service published on […]

Mortgage rates rise still at one-year lows

NAHB CEO Jim Tobin talks about the changes in the real estate industry as new rules for real estate agents come into effect and how the market will impact the industry. Mortgage rates rose slightly this week but remain at their lowest levels in more than a year. Freddie Mac’s latest primary mortgage market survey […]

One day, three extraordinary speeches and three new lows

July 24, 2024, may be one of the most special days in America. In the end, the events of the 24th did not bring the same overwhelming shock and trauma as the September 11, 2001, attack on Pearl Harbor or the assassination of President John F. Kennedy. but,noNever before in American history has a current […]

US dollar rebounds from multi-month lows, yen rallies – Yahoo Finance

By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Tuesday after falling overnight to its lowest against the euro, pound and Swiss franc since mid-March as investors consolidated gains in other currencies ahead of key non-farm payrolls data due later this week. However, the dollar pared its gains against […]

Asia FX sees some relief as dollar retreats, yen at 34-year lows – Investing.com

Investing.com — Most Asian currencies rose slightly on Wednesday as a weaker dollar brought some relief to regional markets, although the Japanese yen continued to underperform despite concerns about government intervention. The dollar retreated further from recent five-month highs this week as some Purchasing Managers Index data were weak. But persistent bets on longer U.S. […]