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Tag: inflation

MIAMI - MAY 20: Alain Filiz shows off some of his credit cards as he pays for items at Lorenzo's Italian Market on May 20, 2009 in Miami, Florida. Members of Congress today passed a bill placing new restrictions on companies that issues credit. The vote follows the Senate passage of the bill, which now heads for President Obama's promised signature. The bill will curb sudden interest rate increases and hidden fees, requiring card companies to tell customers of rate increases 45 days in advance. It will also make it harder for people aged below 21 to be issued credit cards. (Photo by Joe Raedle/Getty Images)

U.S. Credit Card Debt Reaches Record High $1.13T

Credit card debt across the United States hits another record high, according to the latest report.

Read More U.S. Credit Card Debt Reaches Record High $1.13T
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 slightly more than expected

The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.

Read More US weekly jobless claims fall slightly more than expected
CHICAGO, ILLINOIS - APRIL 11: Job seekers speak with recruiters during a job fair at Navy Pier on April 11, 2023 in Chicago, Illinois. Companies at the fair were seeking mostly seasonal employees to work in tourism related fields. The U.S. unemployment rate currently stands at 3.5%. (Photo by Scott Olson/Getty Images)

U.S. Economy Added 353,000 Jobs In January, Labor Department Report Claims

In a surprising increase, the U.S. economy added an influx of new career positions even though unemployment rates have stayed steady. 

Read More U.S. Economy Added 353,000 Jobs In January, Labor Department Report Claims
TOPSHOT - United Parcel Services (UPS) workers walk a 'practice picket line' on July 7, 2023, in the Queens borough of New York City, ahead of a possible UPS strike. UPS workers could go on strike by the end of July after the Teamsters Union, representing more than 300,000 UPS drivers and and warehouse workers, announced July 5, labor talks with the shipping giant broke down. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

UPS Cutting 12K Jobs, Citing Higher Costs

The mail delivery company UPS announced another round of job cuts. 

Read More UPS Cutting 12K Jobs, Citing Higher Costs
People carry their shopping bags during the holiday season in New York City, U.S., December 10, 2023. REUTERS/Eduardo Munoz/File Photo

US inflation trending lower; consumer spending strong in December

U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.

Read More US inflation trending lower; consumer spending strong in December
A man carries his shopping bags during the holiday season in New York City, U.S., December 10, 2023. REUTERS/Eduardo Munoz/File Photo

US economy shrugs off recession prediction with strong fourth-quarter performance

The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.

Read More US economy shrugs off recession prediction with strong fourth-quarter performance

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