Mortgage refinance demand plunges 60%, as rates hit their highest level since 2018
A sharp increase in mortgage rates causes a plunge in refinance demand.
A sharp increase in mortgage rates causes a plunge in refinance demand.
Private payrolls expanded by 455,000 for the month, the firm said, about in line with the Dow Jones estimate of 450,000.
The personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983.
Nonfarm payrolls were expected to rise by 490,000 in March, according to Dow Jones estimates.
Post-Covid rebounds in the leisure and hospitality and business sectors continued last month and helped drive a strong March jobs report.
Japan's Den rose two spots to clinch the title of Asia's best restaurant in 2022.
Sen. Bernie Sanders, I-Vt., compared three billionaires in the U.S. to oligarchs at a recent Senate Committee on Budget hearing, citing their space companies.
The wealth of the top 1% increased by $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal...
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