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Tag: February

NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

Report: U.S. Jobless Claims Increase To Highest Level Since August

Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show. 

Read More Report: U.S. Jobless Claims Increase To Highest Level Since August
An elderly man shops at a supermarket during reserved shopping hours for elderly people in Miami Beach, on March 21, 2020. - Miami Beach Mayor, Dan Gelber, warned of "devastating consequences" over the virus and ordered bars and gyms to close this week, telling springbreakers: "You've got to think about the person next to you and even the person you don't know." (Photo by CHANDAN KHANNA / AFP) (Photo by CHANDAN KHANNA/AFP via Getty Images)

Report: Inflation Increased Again In March As Consumer Spending Rose

According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase. 

Read More Report: Inflation Increased Again In March As Consumer Spending Rose
U.S. House Votes On Foreign Aid Package For Ukraine, Israel, And Taiwan WASHINGTON, DC - APRIL 20: Speaker of the House Mike Johnson (R-LA) reads from his notes while speaking with members of the media following passage of a series of foreign aide bills at the U.S. Capitol on April 20, 2024 in Washington, DC. The House is passed a $95 billion foreign aid package today for Ukraine, Israel and Taiwan. (Photo by Nathan Howard/Getty Images)

House Passes Ukraine, Israel, Taiwan Aid

The House passed a series of bills to provide aid to Ukraine, Israel, and Taiwan along with the potential ban of TikTok.

Read More House Passes Ukraine, Israel, Taiwan Aid
A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

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
PACIFICA, CA - APRIL 23: A sold sign is posted in front of a new home in a housing development April 23, 2010 in Pacifica, California. Sales of new homes surged nearly 27 percent in March, the largest single-month increase in 47 years. (Photo by Justin Sullivan/Getty Images)

US new home sales unexpectedly fall in February

New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.

Read More US new home sales unexpectedly fall in February
TAIPEI, TAIWAN: An investor looks at a monitor showing the stocks' curves in Taipei, 29 January 2004. Taiwan share prices closed 1.15 percent lower in line with the Wall Street's overnight weakness after a subtle change in wording in the US Federal policy statement opened door for speculation of US interest rate hikes sooner than expected, dealers said. The weighted index closed down 73.60 points at 6,312.65, after trading between 6,379.05 and 6,303.21, on turnover of 151.84 billion Taiwan dollars (4.55 billion US dollars). AFP PHOTO/Sam YEH (Photo credit should read SAM YEH/AFP via Getty Images)

Fed Holds Interest Rates Steady Amid Inflation Concerns

The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.

Read More Fed Holds Interest Rates Steady Amid Inflation Concerns

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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