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Tag: inflation

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall; unemployment rolls shrink

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 shrink
A picture taken on December 7, 2021 in Istanbul shows US dollars banknotes. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images)

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 Steady
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Wall 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 intact
People pack fruits for customers in Manhattan, New York, U.S., December 25, 2023. REUTERS/Eduardo Munoz/File Photo

US 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 shows
LAS VEGAS, NEVADA - NOVEMBER 06: U.S. Sen. Jacky Rosen (D-NV) speaks to supporters at the Nevada Democratic Party's election results watch party at Aria Resort & Casino early on November 06, 2024 in Las Vegas, Nevada. On November 05, voters cast their ballots to determine whether Democratic presidential nominee and U.S. Vice President Kamala Harris or Republican presidential nominee and former U.S. President Donald Trump will become the next President of the United States as well as multiple state elections that will determine the balance of power in Congress. (Photo by Ethan Miller/Getty Images)

Nevada Senate Race Results

Jacky Rosen has won Nevada’s Senate race.

Read More Nevada Senate Race Results
WASHINGTON, DC - NOVEMBER 07: Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. The Federal Reserve cut interest rates the second time this year, cutting its benchmark lending rate by a quarter percentage point as they extend efforts to keep the US economic expansion on solid footing amid concerns about a weakening labor market. (Photo by Kent Nishimura/Getty Images)

Fed 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

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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