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Listen Live:
Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
The number of Americans who applied for unemployment benefits jumped by 20,000 to 243,000 in early March, but layoffs remained near a 45-year low. Economists had expected initial jobless claims to total 238,000 in the seven days stretching from Feb. 26 to March 4
READ MOREThe price of imports rose in February for the third month in a row, and in a potentially worrisome sign, the increase spread beyond oil into other industrial and consumer goods. The import price index rose 0.2% in February following even bigger increases in the prior two months, the government reported Thursday. Yet unlike in
READ MOREThe European Central Bank offered no surprises Thursday as it left interest rates unchanged. The Governing Council left the main refinancing rate at 0%, while the rate on deposits parked overnight at the bank remains at minus 0.4%. The rate on the bank’s marginal lending facility remains at 0.25%. In a statement, the bank repeated
READ MOREEuropean government bond yields ticked lower on Thursday after the European Central Bank left its monetary-policy strategy steady. The yield on the 10-year German bund , considered the European benchmark, was up half a basis point on the day at 0.375%, while the yield on the 10-year French bond declined two basis points to 1.008%.
READ MOREGold futures pushed their slide into an eighth consecutive session Thursday as prices languished at their lowest since early February. A sharp drop for oil prices, as crude dropped below $49 a barrel for the first time this year, weighed on gold trading. The yellow metal fell even as a rising dollar index paused its
READ MORERates for home loans spiked along with a surge in Treasury yields as Federal Reserve officials guided market expectations toward an interest rate increase next week. It is only the third week in 2017 in which interest rates have increased.
READ MOREADP says February was third-best month of jobs growth of the recovery. Private-sector employment increased by 298,000, ADP reported Thursday. That gain suggests a much better than forecast reading for the payrolls report due Friday, where expectations are for 200,000 jobs added.
READ MOREUnit Labor Costs 1.7 vs. estimates of 1.6. Nonfarm Productivity 1.3 vs. estimates of 1.5. This is revised data from the 4th QTR.
READ MOREJanuary Trade Balance -48.5B vs. estimates of -48.5B. This of course meets expectations and will not be a factor for today’s pricing.
READ MOREJanuary Factory Orders 1.2% vs. estimates of 1.2%. Not a factor for interest pricing today.
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