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Inflation declined to 5.5% in November, according to key gauge watched by Fed
Economy

Inflation declined to 5.5% in November, according to key gauge watched by Fed

Zach Halaschak -
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FILE- In this Monday, Feb. 26, 2018, photo, work continues on a new development in Fair Lawn, N.J. On Friday, March 9, the Labor Department reported that U.S. employers added 313,000 jobs in February, the most in any month since July 2016, and drawing hundreds of thousands of people into the job market.
Economy

Third-quarter GDP growth revised up to 3.2% rate in sign of economic strength

Zach Halaschak -
0
Business

Tesla to implement hiring freeze and conduct layoffs: Report

Zach Halaschak -
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This Friday will bring the biggest early indicator report yet on the time of the shutdown with the delayed October jobs report.
Economy

State commission offers uncertain forecast for Illinois’ economy

Washington Examiner -
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Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department reported Thursday, July 14, 2022. First-time applications generally reflect layoffs. Analysts had expected the number to remain flat from the previous week.
Business

Jobless claims fall in sign layoffs are rare despite Fed rate hikes

Zach Halaschak -
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Retail sales plunge by most in nearly a year in November
News

Retail sales plunge by most in nearly a year in November

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.

Fed slows rate-hiking campaign in sign of confidence in battle against inflation

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022.
Business

Hopes raised the Fed is finally beginning to tame prices

Zach Halaschak -
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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023.

Inflation drops to 7.1% in latest sign of recovery — but ‘still too high’

Zach Halaschak -
0
Inflation slows to 7.4% in November in producer price index
News

Inflation slows to 7.4% in November in producer price index

Zach Halaschak -
0
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