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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Tag: Federal Reserve
Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
Read More Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
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
Social Security Announces 2.5% Cost-Of-Living Adjustment For Next Year
Over 72 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday.
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Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High
The Dow increased over 400 points on Wednesday as major investors awaited the minutes of the Federal Reserve’s latest meeting, as certain shares fell after the U.S. stated it was considering breaking up Google.
Read More Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High
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.
Read More S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings