Money news today

Here are some of the top money news stories from today:

Stock Market:

• The Dow Jones Industrial Average fell 0.2% to 34,033.83, while the S&P 500 slipped 0.1% to 4,155.54.
• The Nasdaq Composite rose 0.2% to 13,741.25.
• The yield on the 10-year Treasury note fell to 1.53%, its lowest level since February.

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%, its lowest level since February 2020.
• The Labor Department also reported that wages rose 0.2% in February, the smallest increase in five months.

Cryptocurrency:

• Bitcoin fell 2.5% to $52,900, its lowest level in two weeks.
• Ethereum, the second-largest cryptocurrency by market capitalization, fell 3.5% to $1,850.
• The cryptocurrency market has been volatile in recent days, with prices fluctuating in response to concerns about inflation and the potential for regulatory changes.

Personal Finance:

• The Federal Reserve announced that it will keep interest rates unchanged, citing concerns about inflation and the economy.
• The Fed also released its latest economic projections, which showed that it expects the economy to grow at a slower pace in the coming years.
• The average credit card interest rate rose to 16.4% in February, according to Bankrate.

Business:

• Amazon announced that it will raise its minimum wage for warehouse workers to $15 an hour, effective next month.
• The company also said that it will provide a $1,000 bonus to its hourly workers in the US.
• The move is seen as a response to growing pressure from workers and lawmakers to improve working conditions and pay for low-wage employees.

Real Estate:

• The National Association of Realtors reported that existing home sales fell 6.6% in February, the largest decline in five months.
• The median price of an existing home rose 15.8% to $313,000, the largest increase in 15 years.
• The housing market has been experiencing a surge in prices and sales in recent months, driven by low interest rates and a shortage of homes for sale.

These are just a few of the top money news stories from today. I hope you find them helpful!