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The labor market is still very strong, but that means a recession next year could hurt even more

The labor market is still very strong, but that means a recession next year could hurt even more

The United States added more payrolls than expected in November, marking another month of strong growth. This expansion, along with even higher wages, is good news for workers who are still changing jobs. This scorching job market could mean more economic problems later on as the Federal Reserve steps in. Loading Something is loading. Thank …

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Today's mortgage and refinance rates: November 21, 2022 |  Rates remain low despite good jobs data

Today’s mortgage and refinance rates: November 27, 2022 | High rates hurt housing supply

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates have fallen from recent highs, but the average 30-year fixed …

Today’s mortgage and refinance rates: November 27, 2022 | High rates hurt housing supply Read More »

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

It’s understandable why the United States felt the need to act quickly to keep powerful semiconductors out of the hands of the Chinese government. It’s best to move from a position of strength before it’s too late. However, as chip stock shareholders, it still hurts. As you may recall, Club holding Nvidia (NVDA) was particularly …

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run Read More »