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Insurance

Insurance products and industry updates

December Job Growth Stalls with Unemployment at 4.4%
ECONOMY

December Job Growth Stalls with Unemployment at 4.4%

December's job additions were modest at 50,000, while the unemployment rate dropped slightly; however, prior months saw significant downward revisions.

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U.S. Trade Deficit Narrows to $29.4 Billion in October Amid Rising Exports
CRYPTO

U.S. Trade Deficit Narrows to $29.4 Billion in October Amid Rising Exports

The U.S. trade deficit shrank significantly in October, fueled by increased exports and declining imports, indicating shifting market dynamics.

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Initial Unemployment Claims Rise to 208,000 As Four-Week Average Drops
ECONOMY

Initial Unemployment Claims Rise to 208,000 As Four-Week Average Drops

Initial unemployment claims increased to 208,000, while the four-week moving average fell to 211,750, reflecting labor market trends.

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December Home Sales Highlight Trends Amid Historical Lows
MARKETS

December Home Sales Highlight Trends Amid Historical Lows

December housing market data reveals a slight increase in sales year-over-year, even as total sales remain near historic lows.

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Services Sector Expands in December as ISM® Index Reaches 54.4%
ECONOMY

Services Sector Expands in December as ISM® Index Reaches 54.4%

The ISM® Services Index rose to 54.4% in December, signaling robust expansion in the services sector, highlighted by pronounced gains in employment and new orders.

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U.S. Job Openings Dip to 7.1 Million in November, Reflecting Labor Market Stabilization
ECONOMY

U.S. Job Openings Dip to 7.1 Million in November, Reflecting Labor Market Stabilization

Job openings in the U.S. fell to 7.1 million in November, indicating potential stabilization in the labor market amid unchanged hiring rates.

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Mortgage Applications Drop in Early January Despite Rate Declines
BANKING

Mortgage Applications Drop in Early January Despite Rate Declines

Mortgage applications fell 9.7% in early January, reflecting seasonal adjustments and shifts in refinancing, even as rates dropped to 6.25%.

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December Light Vehicle Sales Reach 16.0 Million SAAR, Marking Moderate Growth
BANKING

December Light Vehicle Sales Reach 16.0 Million SAAR, Marking Moderate Growth

Light vehicle sales in December hit 16.0 million SAAR, a 1.9% increase from November but down from the previous year, with 2025 showing overall growth.

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