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- Indexed articles, last 90 days
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- Sep 30, 2026
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- Sep 1, 2026
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'It's a strong report': US private sector added 90,000 jobs in September - AOL (opens the original)
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Private sector hiring picked up in September, according to payroll processor ADP, helped by continued strength in fields like education and healthcare. Private companies added 90,000 jobs this month, an improvement from a revised 36,000 jobs in August, new data released on Wednesday showed. Economists surveyed by Bloomberg expected a gain of 75,000 jobs. Workers also saw healthy pay growth, with base wages rising 3.2% year over year, and gross pay up 4.7%. Job changers saw even bigger gains. "It
Mortgage rates hit 7.58%, approaching 3-year high - AOL (opens the original)
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Mortgage rates closed in on 7.6% Tuesday as Treasury yields continued to move higher. The average 30-year fixed-rate mortgage rate hit 7.58% on Tuesday, per Mortgage News Daily. That's up 8 basis points from Monday, and is the highest level since November 2023. The 10-year Treasury yield (^TNX), which mortgage rates closely track, was up around 4 basis points to 5.28% as of midday. Read more: How soaring Treasury yields could hit your finances Rates remain some distance from late 2023's peak aro
Job openings and hiring hold steady as 'low hire, low fire' market drags on - AOL (opens the original)
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Job openings and hiring were little changed in August, according to the Labor Department's monthly Job Openings and Labor Turnover Survey, yet another data point that suggests the economy remains in a "low hire, low fire" job market. The economy had 7.1 million jobs open last month, down slightly from a revised 7.3 million in July, the report showed. The rate of job openings dropped to 4.3%, from 4.4% a month earlier. Hiring in August held steady, with 5.2 million workers finding new positions.
Homebuilding stocks are feeling the bite of higher mortgage rates - AOL (opens the original)
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September is shaping up to be a bruising month for homebuilders and home improvement stores. A rapid run-up in mortgage rates to around 7.5% and slumping revenues at Lennar (LEN) and KB Home (KBH) have pushed the S&P 500 Homebuilding Index down 3.2% so far this month as homebuilders contend with high costs and weak consumer demand. Retail giants like Home Depot (HD) and Lowe's (LOW) are faring even worse as building activity slows and renovators focus on smaller, cheaper products. Home Depot sto
Mortgage rates creep toward new high of 7.5% - AOL (opens the original)
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The bond market was a bit calmer on Friday compared to the day before, but mortgage rates continued their steady rise. The average 30-year fixed-rate mortgage hit 7.49% on Friday, leaving rates a bruising 30 basis points higher than where they started the week, according to Mortgage News Daily. Rates remain some distance from late 2023's peak around 7.8%, but the latest rise is nonetheless jarring and could easily be enough to chill home sales ahead of the market's typical winter slowdown. The c
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