JPMorgan Chase chief Jamie Dimon warned that U.S. interest rates could increase over 8% in the next few years, with record toppling U.S. debt has made it complicated to keep inflation down.
Read More JPMorgan Chase CEO Jamie Dimon Claims Interest Rates Could Increase Above 8%Tag: inflation
99 Cents Only Stores To Close All Locations Across U.S.
After being open for over 40 years, 99 Cents Only Stores will soon close all of its locations permanently.
Read More 99 Cents Only Stores To Close All Locations Across U.S.US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%Largest U.S. Egg Producer Temporarily Closes Texas Plant Due to Bird Flu Outbreak
The biggest producer of fresh eggs in the United States said it has temporarily closed one of its facilities in Texas after bird flu was found in chickens. Officials also announced that the virus had been detected at a poultry facility in Michigan.
Read More Largest U.S. Egg Producer Temporarily Closes Texas Plant Due to Bird Flu OutbreakUS monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesReport: Favored Inflation Gauge Increased 2.5% In February Preferred By Fed
According to federal data, inflation increased in February, as measured by the gauge favored by the Federal Reserve, rising one-tenth of a percentage point from the previous reading.
Read More Report: Favored Inflation Gauge Increased 2.5% In February Preferred By Fed