The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.
Read More U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.
Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
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
Republicans inch closer to full control of Congress; the Fed slashes interest rates; and dozens of monkeys are on the loose in South Carolina.
Read More The Scoop 11/7/24
The latest jobs report shows that job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged.
Read More Report: U.S. Economy Adds Only 12K Jobs In October, Falling Well Short Of Expectations
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
Read More Weekly jobless claims at five-month low; consumer spending rises solidly