U.S. Hiring Slowed In July And Unemployment Rate Increased To 4.3%; Show Biz And Media Sector Made Cuts To Workforces

The unemployment rate rose by 0.2% to 4.3% in July, as hiring slowed to 114,000 jobs added during the month, according to the latest Department of Labor data. The information sector took the biggest hits in job losses — including in entertainment and media — while employment increased in health care, The unemployment rate rose…

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While Core Inflation May Be Down, Context Is Important

By Gianluca Sidoti is an Independent Financial Advisor, Founder of TraDetector and Managing Partner at Citadines Capital SCF.getty In recent months, core inflation has eased to a three-year low, a development many see as a positive sign for the economy. This trend indicates that inflationary pressures may be diminishing, potentially easing the cost of living…

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Mortgage rates fall to a five-month low as Fed signals possible September cut. How much lower will 30-year rates fall — and when?

By: U.S. mortgage rates took a dive this week, as the Federal Reserve signaled that it could cut interest rates soon, depending on the health of the U.S. economy. The 30-year rate fell in response to the lowest level since early February to 6. See the full article on mortgage interest rates, or, read more…

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