U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%
Tag: Dollar
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surges
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.
Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start
US economy shrugs off recession prediction with strong fourth-quarter performance
The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.
Read More US economy shrugs off recession prediction with strong fourth-quarter performance