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Weekly Jobless Claims Fall to 382,000
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FBN's Lori Rothman breaks down late-morning market news.
- Duration 0:55
- Date Sep 20, 2012
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FBN's Lori Rothman breaks down late-morning market news.
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I'm Lori Rothman witness box -- bring the unemployment line they've gotten little shorter last week that there is no sign of broader relief for the struggling to labor market.
Initial jobless claims fell to 382000.
Coming in well above the estimate the prior week actually revised higher DT the -- from hurricane -- meanwhile shares of true yes surging on its Wall Street debut.
As investors bet on improving housing market -- online real estate company priced its initial public offering at seventeen bucks -- pop above its expected range.
Raising 102 million dollars.
And fixed mortgage rates continued their downward trend last week important Freddie Mac at this rate on thirty year mortgage dropped -- -- 3.4.
9% matching the previous record low one a fifteen year mortgage hitting new record low of two point 77%.
That is the latest on the Fox Business Network.
Giving -- the power to prosper.