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WASHINGTON, Dec 1(Reuters) – U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a powerful boost at the start of the fourth quarter as it navigates a high interest rate environment. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.8% after an unrevised 0.6$ increase in […]
Oct 20 (Reuters) – The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, indicating the labor market remains tight even as demand for labor is cooling amid higher interest rates. Initial claims for state unemployment benefits fell to a seasonally adjusted 214,000 for the week ended Oct. 15, the Labor […]
WASHINGTON, Oct 6 (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the labor market remains tight even as demand for labor is cooling amid higher interest rates. Initial claims for state unemployment benefits rose 29,000 to a seasonally adjusted 219,000 for the week ended […]
Weekly jobless claims drop 16,000 to 193,000 Continuing claims decrease 29,000 to 1.347 million Second-quarter GDP contraction unrevised at 0.6% rate Gross domestic income revised down towards GDP
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.comRegister Sept 23 (Reuters) – U.S. bond funds witnessed huge outflows in the week to Sept. 21 as caution over the pace and length of U.S. interest rate increases crept in ahead of the […]
Register now for FREE unlimited access to Reuters.comRegister WASHINGTON, Sept 22 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting the labor remains tight despite aggressive interest rate increases from the Federal Reserve to cool demand. Initial claims for state unemployment benefits rose 5,000 to a seasonally […]
Stock Market Today Live: Dow Jumps Over 400 Points, U.S. Stocks Pointing to Weekly Gain The Wall Street Journal Source link
People try to console a woman named Sabina after her husband Artem Pogorelets was killed by Russian shelling in a market in Kharkiv, Ukraine, on Thursday. Evgeniy Maloletka/AP hide caption toggle caption Evgeniy Maloletka/AP People try to console a woman named Sabina after her husband Artem Pogorelets was killed by Russian shelling in a market […]
Iryna Shulimova, 59, weeps at the scene in the aftermath of a Russian rocket that hit an apartment building in Chasiv Yar, Donetsk region, eastern Ukraine, on Sunday. At least 30 people were killed and others may still be trapped in the rubble. Nariman El-Mofty/AP hide caption toggle caption Nariman El-Mofty/AP Iryna Shulimova, 59, weeps […]
The creator of a new Black history tours initiative in the U.S. has partnered with small-group tour operator Intrepid Travel to help it carry out the experience. Stephanie Jones, CEO of the Cultural Heritage Alliance for Tourism, plans to launch the first departures of the Black Cultural Heritage Tours with Intrepid in October.