Unlawful border crossings along the U.S.-Mexico border have dropped to a four-year low, according to U.S. Customs and Border Protection, with 46,610 people stopped between ports of entry in November. The number of illegal crossings that month marked an 18% decrease from the previous month, and the lowest level since July 2020, the agency said. […]
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans. The rate rose to 6.72% from 6.6% last week, mortgage buyer Freddie Mac said Thursday. The rate […]
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation accelerated to 2.6 per cent in November, highlighting the Bank of England’s challenge as it grapples with persistent price pressures and a stagnating economy. The rise in the consumer price index was above […]
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district, on 20th November 2024, in London, England. Richard Baker | In Pictures | Getty Images LONDON — U.K. inflation rose to 2.6% in November, the Office for National Statistics said Wednesday, marking the second straight […]
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Retail sales in China missed expectations in November, adding to pressure on policymakers as they battle to boost momentum in the world’s second-largest economy. The consumption gauge added 3 per cent year-on-year, below a forecast […]
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation ticked up to 2.7 per cent last month, matching Wall Street’s forecasts and clearing the way for an expected Federal Reserve rate cut next week. Wednesday’s data from the Bureau of Labor Statistics […]
A foreign trade container ship is leaving the dock at Qingdao Port in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images China’s exports and imports both missed expectations in November, data from the country’s customs authority showed Tuesday, fueling worries over the health of the Chinese economy as consumer demand remains […]
WASHINGTON — Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the U.S. labor market remains healthy despite signs of a slowing economy overall, according to new government data released Friday. But the nation’s unemployment rate edged up to 4.2% last month from 4.1% as more people reported […]
November is quite a banner month in the world of online shopping: It sees the arrival of holiday collections and limited-edition sets, as well as the biggest sales of the year for Black Friday and Cyber Monday (basically our Super Bowl). But just because we were hard at work compiling the best gifts and deals […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US economy added 227,000 jobs in November, a sharp rebound after the previous month’s total was dragged down by hurricanes and the Boeing strike. Friday’s number, published by the Bureau of Labor Statistics, beat […]
