• ZipRecruiter announces AI tool that matches businesses with ideal job candidates

    4 days ago - By Venture Beat

    ZipRecruiter, one of the largest job search websites in the U.S., is using artificial intelligence to streamline the candidate selection process. A new feature launching in the next two weeks called Candidate Calibration has employers rate potential matches for a job. For every applicant they rate positively, ZipRecruiter surfaces the job posting t...
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  • US long-term mortgage rates jump; 30-year at 4.62 percent

    US long-term mortgage rates jump; 30-year at 4.62 percent

    4 days ago - By Chron

    WASHINGTON - Long-term U.S. mortgage rates jumped this week after two straight weeks of declines, reaching their second-highest level this year.
    Long-term loan rates have been running at their highest levels in seven years. And the Federal Reserve on Wednesday raised its benchmark interest rate for the second time this year and signaled that it may step up its pace of rate increases.
    Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.62 percent, up from 4.54 percent last week. By contrast, the 30-year rate averaged 3.91 percent a year ago.
    The average...
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  • After Fed Hikes Rates, Attention Shifts Overseas As ECB Announces Taper

    4 days ago - By Forbes

    ECB tapering plan announced today wasn't unexpected, but looks like it might take place faster than some investors may have expected. The news is probably positive for the U.S., because it seems to indicate strength in Europe and that's likely good for U.S. exports.
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  • U.S. retail sales surge in May; weekly jobless claims fall

    5 days ago - By Reuters

    WASHINGTON - U.S. retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, the latest indication of an acceleration in economic growth in the second quarter.
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  • U.S. weekly jobless claims unexpectedly fall

    5 days ago - By Reuters

    WASHINGTON - New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.
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