9,000 more people applied for unemployment benefits last week, bringing the total to 212,000—the highest number since January.
Read More Unemployment Benefits Applicants Rise To 212,000Tag: Fed
Inflation Rates Continue To Increase In Latest January Report
In the latest report inflation rose more than predicted in January due in part to grocery and housing costs.
Read More Inflation Rates Continue To Increase In Latest January ReportU.S. Inflation Rose 3.1% In November, Above Federal Reserve’s Target
The Federal Reserve’s long-term objective for U.S. inflation was persistently exceeded in November, with 3.1% growth, supporting central bankers’ arguments to maintain current interest rates this spring.
Read More U.S. Inflation Rose 3.1% In November, Above Federal Reserve’s TargetWall Street ends mixed after job openings hint at cooling economy
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
Read More Wall Street ends mixed after job openings hint at cooling economy