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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
The number Americans who recently lost their jobs and sought unemployment benefits rose last week to a one-month high, though the increase appeared largely concentrated in New York state. Initial jobless claims jumped by 14,000 to 257,000, the Labor Department said Thursday.
READ MOREEuropean Central Bank left interest rates unchanged and made no adjustments to its monetary guidance.This guidance disappointed some traders who had bet that it might signal that interest rates could soon rise, despite the central bank’s warnings to the contrary.
READ MOREAn early look at U.S. trade patterns in March shows a 1.4% widening in the nation’s trade deficit. The trade gap in goods—services are excluded—widened to $64.8 billion in March from $63.9 billion in February, the government said Thursday in its advanced report. This widening of the deficit only partially reversed a sharp narrowing in
READ MOREA gauge of pending home sales declined in March as inventory continued to tighten. The National Association of Realtors’ index fell 0.8% to a reading of 111.4, the group said Thursday.
READ MOREThe Atlanta Fed’s tracker for first-quarter growth forecasts a mere 0.2% increase after the latest round of economic data. The 0.2% growth would be the worst showing in three years. The Atlanta Fed’s GDPNow tracker was previously pointing to 0.5% growth. The Commerce Department releases its first estimate of first-quarter GDP on Friday
READ MORETreasury Secretary Steve Mnuchin confirms Trump administration aims to lower the corporate tax rate to 15 percent, saying a forthcoming proposal will constitute the ‘biggest tax cut’ for Americans in history.
READ MOREConsumer confidence in the U.S. dipped slightly in April, but Americans are still far more optimistic than they were before the 2016 election, a survey shows. The Conference Board said its consumer confidence index slipped to 120.3 last month from a 16-year-high of 124.9 in March. Americans were a bit less rosy about the current
READ MORESales of newly-constructed homes throttled to the highest in nearly a year in March as the housing recovery picked up steam. New-home sales ran at a seasonally-adjusted annual rate of 621,000, the Commerce Department said Tuesday. That was 5.8% higher than a downwardly-adjusted February sales pace, and 15.6% higher than a year ago.
READ MORETreasury prices retreated Tuesday, continuing to send yields higher, as investors continued to pile back into stocks and other assets perceived as risky at the expense of traditional havens like government bonds. The yield on the 10-year note climbed 5.6 basis points to 2.3330%, briefly approaching the two-week high of 2.315% before heading lower. The
READ MOREU.S. house prices continued to show no signs of slowing, hitting their highest in nearly three years as demand remains hot, especially in the Pacific Northwest and Dallas. The S&P/Case-Shiller 20-city index rose 5.9% in the three-month period ending in February compared to the same period a year ago, an acceleration from its 5.7% yearly
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