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The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of a better than expected business investment and stronger government spending, the Commerce Department reported Wednesday. Gross domestic product, a measure of all goods and services produced during the three-month period, accelerated at a 5.2% annualized pace, […]
Consumer price index unchanged in October CPI increases 3.2% on year-on-year basis Core CPI rises 0.2%; gains 4.0% on year-on-year basis WASHINGTON, Nov 14 (Reuters) – U.S. consumer . . .
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Fri, Nov 3 2023 8:36 AM EDT U.S. jobs grow at slower-than-expected pace in October The Labor Department said Friday that the U.S. economy added 150,000 in October. That’s slightly below a Dow Jones forecast of 170,000. Average hourly earnings, a closely watched data point in the report for inflation trends, rose 0 . . […]
MARKET WRAPS Watch For: EU unemployment; Germany foreign trade; France industrial production index, flash estimate of job creation; Italy unemployment; UK services PMI, official reserves; trading updates from Solvay, BMW, Vonovia, Societe Generale, Intesa Sanpaolo, Swiss Re, A.P. Moller-Maersk, Wickes Group Opening Call:
2:27 p.m. ET, November 1, 2023 The Fed could continue to shrink its balance sheet, even as it cuts rates In addition to announcing that interest rates will remain at a 22-year high, the Federal Reserve also said it will “continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans.” […]
All indicators have so far suggested an ongoing shortage of foreign currencies, especially the US dollar, even after the government has taken several measures in recent months to lower the national economy’s dependency on the greenback. The Egyptian pound has long been struggling against the US dollar following controversial economic measures taken by the government. [Getty] The […]
A man speaks on his mobile phone past a new brand identity for Nifty Indices inside the National Stock Exchange (NSE) building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas/File photo Acquire Licensing Rights
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 6 (Reuters) – U.S. bond . . .
A record 49,500 people took their own lives last year, according to the U.S. Centers for Disease Control and Prevention, and the bleak statistics serve as a reminder that suicide is a major endemic in our country. No community is immune. Here in Cook County, the rise in suicides among African American residents is particularly […]