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Tag: inflation

An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

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%
SUPHANBURI, THAILAND - JANUARY 27: A chicken peers out from a cage at the Sanoh chicken farm January 27, 2007 in Suphanburi, Thailand. The family run Sanoh farm has around 5,000 chickens located in one of the main chicken farm areas two hours north of Bangkok. Although the farm has been completely free of Bird Flu, its owners say that they are struggling to make ends meet with lower prices on eggs and increased prices on chicken feed. New outbreaks of bird flu are causing concern in the Asian region with new cases surfacing in Thailand, China and Vietnam. Officials from the United Nations Food and Agriculture Organization (FAO) say that the latest outbreaks are not as serious as 2004 but worry about the spike in Avian flu. (Photo by Paula Bronstein/Getty Images)

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 Outbreak
A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US 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 surges
WASHINGTON, DC - JANUARY 12: U.S. President Joe Biden delivers remarks on the economy and inflation in the Eisenhower Executive Office Building on January 12, 2023 in Washington, DC. Biden spoke on his Administration's actions to lower the inflation rate, reduce gas prices and create manufacturing jobs for Americans. (Photo by Kevin Dietsch/Getty Images)

Report: 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
A trader reacts after the closing bell on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024. REUTERS/Brendan McDermid/File photo

Dow leads Wall St higher in lean trading week

Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.

Read More Dow leads Wall St higher in lean trading week
Chicago Fed President Austan Goolsbee reacts as he heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo

Fed’s Goolsbee says he sees three rate cuts this year

Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.

Read More Fed’s Goolsbee says he sees three rate cuts this year

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