The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.
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Category: Business
Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Read More Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Boeing halts talks, withdraws pay offer to union as strike drags on
Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.
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S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings
Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.
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US port strike ends, leaving cargo backlog
U.S. East Coast and Gulf Coast ports were reopened on Friday after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a century.
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US labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Read More US labor market remains stable; weather, strike distortions loom