Breaking News: Economy

Mortgage refinance demand spikes 20% as borrowers fear missing out on record-low rates | Diana Olick

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After setting greater than a dozen report lows final yr, mortgage charges started 2021 on an upward climb. That lit a hearth beneath debtors hoping to refinance.

Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says | Jeff Cox

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The lower of 123,000 offered a stark signal that the U.S. economic system had cooled significantly heading into the tip of 2020.

U.S. third-quarter GDP growth revised slightly higher | CNBC

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The U.S. financial system grew at a document tempo within the third quarter, fueled by greater than $3 trillion in pandemic reduction.

Biden's plan to forgive student debt could have limited economic benefits, and carry risks | Jeff Cox

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As a lift to the struggling U.S. financial system, the transfer could not have a lot impression and can draw substantial opposition early in his presidency.

Powell stresses importance of lending programs, calls economic outlook 'extraordinarily uncertain' | Jeff Cox

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Most of the key applications that the central financial institution has used since March are expiring on the finish of the 12 months.

Treasury seeks to extend some emergency Fed programs but end others, including Main Street facility |

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www.cnbc.com | The Treasury Division is seeking to lengthen a handful of the Federal Reserve packages used to get markets via the early days of the coronavirus disaster however is seeking to finish a number of others. U.S. Treasury Secretary Steve Mnuchin speaks throughout a information …

Breaking News: Economy

Mortgage refinance demand spikes 20% as borrowers fear missing out on record-low rates | Diana Olick

Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says | Jeff Cox

U.S. third-quarter GDP growth revised slightly higher | CNBC

Biden's plan to forgive student debt could have limited economic benefits, and carry risks | Jeff Cox

Powell stresses importance of lending programs, calls economic outlook 'extraordinarily uncertain' | Jeff Cox

Treasury seeks to extend some emergency Fed programs but end others, including Main Street facility |

Here are the things that scare Jerome Powell the most about the economy right now | CNBC

Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels | Jeff Cox

U.S. consumer spending beats expectations in September | CNBC

Watch Fed Chair Jerome Powell speak live to the International Monetary Fund | CNBC

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