Why a Slumping Housing Market Is Making the Fed’s Job Harder

The British pound has stabilized on Friday after four straight losing sessions. In the European session, GBP is trading at 1.2666, up 0.02%. It has been a miserable week for the pound, which is down 1.9%. The pound fell as low as 1.2629 on Thursday, its lowest level since early July. UK GDP declines 0.1%…

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Investing.com– U.S. stock index futures steadied in evening deals on Thursday following a positive session on Wall Street as data showing a bigger-than-expected drop in jobless claims soothed some fears of a recession.  Wall Street indexes rebounded sharply on Thursday, recouping a measure of steep losses this week amid some positive earnings and sustained bets…

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