Tag: Breaking news
Wholesale prices were flat in September, below expectations
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday.The producer...
Inflation rate at 2.4% in September, topping expectations; jobless claims highest...
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following...
U.S. job creation roared higher in September as payrolls surged by...
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower,...
Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness, payrolls processing firm...
Port strike could reignite inflation, with larger economic impact dependent on...
Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida. Giorgio Viera...
Powell indicates further rate cuts, but insists the Fed is ‘not...
US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024.Mandel Ngan | AFP | Getty ImagesFederal...
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve's target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.The...
FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type...
Bristol Myers Squibb's Cobenfy drugCourtesy: Bristol Myers SquibbThe Food and Drug Administration on Thursday approved Bristol Myers Squibb's highly anticipated schizophrenia drug Cobenfy,...
Adani Airport Holdings expands lounge access with debit, credit cards amid...
This is a representational image (Pic credit: Lexica) NEW DELHI: Travellers at various airports across India are experiencing disruptions in accessing lounges...
The Fed has set out on a ‘recalibration’ of policy. Here’s...
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment...