Daily money news

Here are some daily money news updates:

Stock Market:

• The Dow Jones Industrial Average rose 0.4% to 34,511.21, while the S&P 500 gained 0.5% to 4,233.85.
• The Nasdaq Composite climbed 0.7% to 13,741.51.

Economy:

• The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.

Personal Finance:

• The average credit card debt per household in the US is now $4,293, according to a new report from NerdWallet.
• A survey by Bankrate found that 23% of Americans have no emergency savings, while 44% have less than $1,000 set aside.

Cryptocurrency:

• Bitcoin prices surged 10% to $54,000, amid growing optimism about the cryptocurrency's potential for mainstream adoption.
• Ethereum, the second-largest cryptocurrency by market capitalization, rose 8% to $1,800.

Real Estate:

• The median US home price rose 13.4% year-over-year to $309,800, according to data from Zillow.
• A report from Redfin found that 44% of homebuyers are willing to pay more than the asking price to secure their dream home.

Business:

• Amazon announced plans to hire 100,000 new workers in the US, with pay starting at $15 per hour.
• Tesla's stock price surged 10% after the company reported a surprise profit in the fourth quarter.

Politics:

• The US Senate passed a bill aimed at increasing access to affordable childcare, with the measure now headed to the House of Representatives.
• The Federal Reserve announced that it will keep interest rates unchanged, citing the ongoing economic recovery.

These are just a few of the top daily money news stories. Stay informed and stay ahead of the curve with our daily updates!