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Tag: inflation

A shopper looks at frozen food in an Albertsons supermarket in Seattle, Washington, U.S. December 10, 2024. REUTERS/David Ryder/File Photo

US core capital goods orders rebound as economy eyes strong end to 2024

New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.

Read More US core capital goods orders rebound as economy eyes strong end to 2024
DALY CITY, CALIFORNIA - DECEMBER 20: A view of a Party City store on December 20, 2024 in Daly City, California. Party City announced plans to close all of its stores effective immediately after nearly 40 years in business. (Photo by Justin Sullivan/Getty Images)

Party City Shutters Doors After 40 Years Of Business

The retail store, known for supplying customers with everything they need to plan the perfect party, will be closing all of its stores after running out of money to stay in operation, according to CNN. 

Read More Party City Shutters Doors After 40 Years Of Business
Holiday gifts on sale are displayed at a Target store in Manhattan, New York, U.S., December 15, 2024. REUTERS/Jessica DiNapoli

Seeing low-income consumers squeezed, retailers target $10 and under gifts

Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.

Read More Seeing low-income consumers squeezed, retailers target $10 and under gifts
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Fed Cuts Rates To 4.25%-4.5% Amid Inflation Fight, Housing Costs Remain High

The Fed cut interest rates by 25 basis points to 4.25%-4.5% and continues reducing its debt holdings.

Read More Fed Cuts Rates To 4.25%-4.5% Amid Inflation Fight, Housing Costs Remain High
NEW YORK, NEW YORK - DECEMBER 12: President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Trump was invited to the Exchange after being named TIME’s “Person of the Year” for the second time. (Photo by Spencer Platt/Getty Images)

Trump Rings Opening Bell At NYSE With Melania And Daughters, Framed By Time ‘Person Of The Year’ Cover

President-elect Donald Trump rang the opening bell at the New York Stock Exchange Thursday vowing to make the American economy great again and showed praise for his wife, Melania, as a “great” and “popular” first lady. 

Read More Trump Rings Opening Bell At NYSE With Melania And Daughters, Framed By Time ‘Person Of The Year’ Cover
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly rise

More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.

Read More US weekly jobless claims unexpectedly rise

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