The Petersburg Post

Thursday, Nov 20th, 2025 - By Employers notched a respectable month of hiring in September, ending a slow summer on a positive note and assuaging some concern that the labor market had tipped into a contraction. But the data were not unequivocally positive: The unemployment rate edged up to 4.4%, suggesting that more people were looking for work and not finding it. Delayed by six weeks because of the government shutdown, the report is an ...

Thursday, Nov 20th, 2025 - Getting your Trinity Audio player ready... By ALEX VEIGA, AP Business Writer The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year. The average long-term mortgage rate ticked up to 6.26% from 6.24% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.84%. Three weeks ago, the average rate was at 6.17%, ...

Thursday, Nov 20th, 2025 - Policymakers express 'strongly differing views' on monetary policy at upcoming meeting The minutes of the  Federal Reserve's policy meeting last month show that the path for interest rate cuts in December and early next year is far from certain. Policymakers on the Federal Open Market Committee (FOMC) were divided at their late October meeting over whether there should be an additional rate cut at their next ...

Thursday, Nov 20th, 2025 - Shoppers are still flocking to Walmart . The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market share of higher-income households. The biggest retailer and grocer ...