Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Read More Strong discretionary spending lifts US retail sales in September
Tag: labor market
Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
Read More Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year
US labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Read More US labor market remains stable; weather, strike distortions loom
US consumer spending, inflation rise moderately in August
Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
Read More US consumer spending, inflation rise moderately in August
Wall St rises on AI euphoria after Micron’s upbeat forecast
Wall Street’s main indexes rose, with the S&P 500 hitting a record high, as Micron’s upbeat forecast revived the frenzy around AI.
Read More Wall St rises on AI euphoria after Micron’s upbeat forecast
US consumer confidence ebbs in September on labor market fears
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.
Read More US consumer confidence ebbs in September on labor market fears