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Job Growth Slowed Sharply in August

Job growth slowed sharply in August, and the unemployment rate rose to its highest level in nearly four years. The latest jobs report, along with downward revisions to previous months’ data, indicates a continued cooling in the U.S. labor market. This softening trend is likely to increase pressure on the

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Housing Starts Remain Soft Ahead of Fed Meeting

Challenging affordability conditions continue to act as headwinds for the housing sector, but the industry could see lower interest rates in the near future with the Federal Reserve expected to cut short-term interest rates this afternoon. Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of

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