Federal Reserve

U.S. job growth surges past expectations in September

Job growth was significantly higher than economists expected in September. But this strength in the economy could cause the Fed to continue raising rates at its next Federal Open Markets Committee (FOMC) meeting in November.

Job openings unexpectedly jump in August

The number of available jobs in the U.S. unexpectedly rose in August to 9.6 million, a worrisome sign for the Federal Reserve in its war against inflation.

Mortgage rates hit 23-year high: Freddie Mac

Mortgage rates hit their highest point in more than two decades. But as high home prices and rates weigh down on homebuyers, many sellers are willing to negotiate.