NEW YORK (AP) — Stocks are on the rise as investors prepare to take a holiday break, ahead of a three-day holiday weekend. The market closed mixed yesterday on weakness from tech stocks.
WASHINGTON (AP) — The government says the nation’s economy grew more slowly in the summer, with GDP put at 1.8 percent. Economists do expect growth in the current quarter to be stronger.
WASHINGTON (AP) — A closely-watched gauge of future economic activity posted a solid increase in November, providing further evidence that the economy is gaining strength. The Conference Board says its index of leading economic indicators rose 0.5 percent in November following a 0.9 percent gain in October which had been the strongest showing in eight months.
WASHINGTON (AP) — The average rate on the 30-year fixed mortgage fell to a record 3.91 percent this week, the third time this year that rates have hit new lows. Freddie Mac says the rate on the 30-year home loan fell from 3.94 percent the previous week.
WASHINGTON (AP) — The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008, extending a downward trend that shows the job market strengthening. The Labor Department says first-time applications for unemployment benefits fell 4,000 to a seasonally adjusted 364,000, marking the third straight weekly drop.