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On the labor market side, jobless claims climbed higher than expected last week, a sign of a softening labor market. The number of Americans filing new claims for unemployment benefits reached ...
Cutting the policy rate, currently set in the 4.50%-4.75% range, too far could buoy demand, stretch the economy's ability to fulfill it, and raise inflation. WAGES OFFSET BY PRODUCTIVITY
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: ... US economy grew slightly in recent weeks, Fed survey says. December 4, 2024 at 11:18 AM.
This week, the Federal Reserve is expected to decide on the size of its highly-anticipated rate cut. Traders are pricing in a 100% chance of a cut and are merely debating how big it might be.
Stocks surged in the morning after the economy’s powerful show of resilience, but later lost steam and closed the day mixed. The Dow rose 81 points, or 0.2%, after jumping more than 500 points ...
(Reuters) -U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced expectations the ...
The fresh report marks one of the last major pieces of economic data before the presidential election. U.S. GDP grew at a 2.8% annualized rate over three months ending in September. That figure ...
The strength from that category could persist in July due to Amazon’s annual deal event known as Prime Day. Sales at home improvement stores were also robust last month, rising 1.4%.
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America's Most Trusted Source for News - Pew Research Center