Despite hurricanes, Florida’s unemployment rate holds steady at 3.3% in October

New jobless claims had spiked dramatically after hurricanes in October, but the monthly figure remains unchanged. Despite being slammed by two hurricanes within two weeks of each other, Florida has maintained the same unemployment rate for the seventh month straight.FloridaCommerce released monthly jobless data showing the figure remained at 3.3% for October. That number has…

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4 signs of re-inflation investors should watch out for, Charles Schwab says

By Advertisement Inflation’s downtrend may not be as straightforward as some investors think, according to Charles Schwab.The brokerage firm pointed to elements that could push prices higher, like Trump’s tariffs and tax cuts.Strategists highlighted four things that could signal if inflation will pick up momentum.The Fed’s mission to lower consumer prices could soon face some…

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Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 15, which is 0.11 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.12 percentage points lower than yesterday. Due to encouraging economic data, the Fed cut the federal funds rate…

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