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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
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Federal Reserve Chair Janet Yellen said Wednesday, in prepared remarks to be given before Congress, the current pace of U.S. job growth is enough to expand the labor force.
READ MOREThe Bank of Canada, as expected, raised its overnight interest rate by a quarter of a percentage point to 0.75% on Wednesday. This was the first rate hike in seven years, making the Bank of Canada the first major central bank to join the Federal Reserve in raising rates. The Bank of Canada’s decision was
READ MOREThe import price index fell by 0.3% last month. It’s the second decline in three months and the steepest drop since February 2016.
READ MOREThe Philadelphia Fed manufacturing index in June retreated to a reading of 27.6 from 38.8 in May. Economists had expected a retreat because the May reading, next to February was the highest in more than 30 years.
READ MOREThe number of Americans who applied for unemployment benefits fell slightly in early July, reflecting an extremely low level of layoffs that has become the norm as an economic recovery stretches into its ninth year.
READ MOREThe number of Americans applying for and receiving benefits after losing their jobs keeps going lower and lower. Initial jobless claims fell by 8,000 to 237,000 in the seven days stretching from June 4 to June 10.
READ MOREMay housing starts fell 5.5% to an annual rate of 1.09 million, the lowest in eight months, while economists surveyed had been expecting a 5.1% rise to 1.23 million.
READ MORESales at retailers nationwide fell 0.2% last month to mark the second straight drop and match the biggest decline of the year. Sales also fell 0.1% in May, though fresh revisions show the decline was not as large as originally reported. The disappointing sales figures suggest the U.S. has not rebounded quite as strongly in
READ MOREThe cost Americans pay for goods and services was little-changed in June, larger reflecting lower gasoline prices but also showing that a recent surge in inflation has crested. The consumer-price index, or cost of living, was unchanged last month.
READ MORERates for home loans jumped in the latest reporting week, taking the benchmark back over a key threshold for the first time since May.
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