Amy Morris

Weekly jobless claims rose less than expected during the week that included President's Day, 212,000.

Economists were looking for 216,000.

And continuing claims fell to 1.83 million.

Bloomberg's Michael McKee with more.

Bloomberg's Mike McKee.

The average 30-year mortgage rate in the U.S.

has slipped below 6% for the first time since 2022, now at 5.98%.

And that could breathe some life into coming spring home-selling season, but borrowing costs would have to plunge significantly to fully unlock the housing market.

President Trump can continue to work on the White House ballroom.

A Washington federal judge ruled he doesn't have the authority to consider a challenge to the construction, saying that the nonprofit National Trust for Historic Preservation did not properly challenge the president's legal authority.

While the judge did deny the organization's request to halt the project, he did leave room for the nonprofit to update its lawsuit with the necessary claim challenging Trump's authority.

That's news when you want it with Bloomberg News Now.

I'm Amy Morris and this is Bloomberg.

News When You Want It with Bloomberg News Now.

I'm Amy Morris.

Former Secretary of State Hillary Clinton is testifying before House lawmakers that she had no knowledge of Jeffrey Epstein's crimes and does not recall meeting him.

Chairman James Comer of the House Oversight Committee says they have more questions for the Clintons.

Now, this is the first of two days of closed door depositions in Chappaqua, New York, that will also include former President Bill Clinton.

Hillary Clinton maintains their knowledge of Epstein is, quote, very limited.

Bill Clinton is scheduled to appear before lawmakers tomorrow.