The percentage of synthetic identities among accounts opened by U.S. lenders for auto loans, bank credit cards, retail credit cards and unsecured personal loans reached an all-time high at the end of the first half of 2024, the...
Recent episodes of highly accommodative real interest rates are unlikely to be repeated.
Construction spending in September was at a seasonally adjusted annual rate of $2.15 trillion, 0.1% above the revised August estimate, the Commerce Department said. The September figure was 4.6% above the estimate from a year before.
The ISM manufacturing index decreased 0.7% from the prior month to land at 46.5% in October, the Institute for Supply Management said.
The U.S. economy added 12,000 nonfarm jobs in October, the Labor Department said. The unemployment rate was unchanged at 4.1%.
Older Americans reported losing more than $1.9 billion to fraud in 2023, but since most fraud isn’t reported, the actual figure could be as high as $61.5 billion, the Federal Trade Commission said.
