November 21, 2025 United States: Fed’s Williams Sees Room for an Interest-Rate Cut in ‘Near Term’   Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens.   In the text of a

November 20, 2025 United States: US Employers Added 119,000 Jobs in September, Unemployment Rose   US job growth picked up in September, and the unemployment rate ticked higher, suggesting the labor market showed signs of stabilizing before the government shutdown.   Nonfarm payrolls increased 119,000 after declining in the prior month, according to Bureau of

November 19, 2025 United States: US Mortgage Activity Declines as Borrowing Costs Edge Higher   US mortgage activity declined last week as home-financing costs continued to tick higher, adding to evidence of a struggling housing market.   A Mortgage Bankers Association composite measure of applications to purchase or refinance a home dropped 5.2% to a

November 18, 2025 United States: US Companies Shed 2,500 Jobs as October Drew to a Close   US companies shed 2,500 jobs per week on average in the four weeks ended Nov. 1, according to data released Tuesday by ADP Research.   The decline suggests the labor market lost momentum in late October. ADP’s monthly