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4,252 archived storiesUpdated continuouslyTicker matching where identifiable
The Points Guy·Nov 3, 202645 signal

JetBlue hikes bag fees for 2nd time this year

Advertiser disclosureThe Points Guy believes that credit cards can transform lives, helping you leverage everyday spending for cash back or travel experiences that might otherwise be out of reach. That's why...

Business
Honolulu Star-Advertiser·Nov 3, 202658 signal

U.S. job openings jump as resignations surge

WASHINGTON >> U.S. job openings surged in September while layoffs fell to the lowest level in 1-1/2 years, supporting economists’ views that the labor market remained on firmer footing despite tepid employment gains during that month.

Economy
Semafor·Nov 3, 202645 signal

Blue wave could rattle markets

Analysts are warning that a strong Democratic showing in today’s midterms could drag down markets as investors brace for tougher tech oversight and tenser fiscal negotiations. They also acknowledge it’s...

Economy
Foreign Policy·Nov 3, 202645 signal

Chinese AI Stocks Are Slumping, Too

Welcome to Foreign Policy’s China Brief. The highlights this week: China grapples with a slowly deflating artificial intelligence bubble, officials in Beijing keep their eyes on the U.S. midterms, and China...

Economy
Mortgage News Daily·Nov 3, 202645 signal

Mortgage Rates Move Slightly Higher After Stronger Econ Data

Well... they can't all be winners. It seems as if rates could do no wrong over the past 3 days with each marking the lowest level in more than a month for the average top tier 30yr fixed rate. Today wasn't a winner, but it wasn't exactly bad. Apart from the past 3 days, today would still have been the lowest rate in more than a month, and it was only 0.03% higher to boot. So what happened? First off, when we're talking about a 0.03% change day-over-day, it's not particularly important to investigate causation because that level of movement falls in the incidental category. Nonetheless, there was some obvious motivation this morning in the form of stronger economic data.  Job openings data for the month of September was released today. It was the highest in 4 months and quite a bit higher than expected. All else equal, stronger labor market data tends to put upward pressure on rates. Tech stocks were also modestly higher today, and weakness in the tech sector has been a key factor driving persistently lower rates over the past several weeks.

Economy
American Banker·Nov 3, 202648 signal

Nonbank lender OppFi abandons plan to buy a bank

OppFi, a non-bank consumer lender based in Chicago, says it has scrapped its effort to buy North Dakota's BNC National Bank — at least for now. The exact reasons were not immediately clear, but OppFi pointed to a lack of clarity from regulators.

FinanceOPFI