Conor Maloney
Conor Maloney is a journalist with hundreds of articles covering financial markets and topics published on sites like Yahoo Finance and GoldPrice.org.
He is passionate about blockchain, cybersecurity, and financial independence, and he believes in gold as a viable alternative to fiat currency.
Follow Conor at @iWriteCrypto on Twitter.
FOMC Meeting Results in No Rate Hike for Now
The Federal Open Market Committee met expectations by voting to maintain the federal funds range within the 2 - 2.25% range in a unanimous decision in today’s meeting.
Initial Jobless Claims Fell Last Week, Held at 45-Year Low
The US labor market continues to tighten as last week’s report from the Labor Department shows that initial jobless claims fell slightly from the previous week.
Mortgage Applications Drop 4%, Interest Rates Highest in 8 Years
The Mortgage Bankers Association released their data for mortgage applications of the week ending November 02. The report reveals more challenges for the housing market with mortgage applications at a 4-year low in the face of rising interests rates and dwindling home sales.
Job Openings Drop to 7 Million, Employment Still Rising
The US Bureau of Labor Statistics released September’s JOLTS survey which helps measure US jobs vacancies in multiple sectors by surveying employers about recruitment, hires, separations, employment and job openings.
ISM Non-Manufacturing PMI Registers 1% Lower Than Forecast
The Institute of Supply Management (ISM) released a new report on the Non-Manufacturing Purchasing Manager’s Index which gives an insight into the state of the non-manufacturing sector as a whole.
Nonfarm Payrolls up an Unexpected 250,000 Positions
Nonfarm payroll employment increased by 250,000 in October, greatly surpassing the predicted increase. The US Bureau of Labor Statistics says the unemployment rate is unchanged at 3.7%.
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