The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
Read More US weekly jobless claims fall; unemployment rolls shrinkTag: inflation
October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady
The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.
Read More October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates SteadyWall St edges higher after inflation data keeps Fed rate-cut hopes intact
Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intactUS consumers see lower inflation and debt delinquency risk, NY Fed survey shows
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
Read More US consumers see lower inflation and debt delinquency risk, NY Fed survey showsNevada Senate Race Results
Jacky Rosen has won Nevada’s Senate race.
Read More Nevada Senate Race ResultsFed Cuts Interest Rates Again, Fed Chair Powell Says He Won’t Resign
The Federal Reserve lowered the federal funds rate for a second consecutive time on Thursday.
Read More Fed Cuts Interest Rates Again, Fed Chair Powell Says He Won’t Resign