Stocks were higher in Europe and Asia on Monday following a report that signaled the US…
Tag: Federal Reserve System
More Americans apply for jobless benefits, but layoffs are not rising significantly
The number of Americans applying for jobless benefits rose last week, but remains at healthy levels…
Stock market today: Global stocks higher after Wall St hits 15-month high ahead of holiday
BEIJING (AP) — Global stock markets were mostly higher Tuesday after Australia’s central bank kept its…
Fed’s Powell reinforces likelihood of more rate hikes because of persistently high inflation
WASHINGTON (AP) — Chair Jerome Powell reiterated Thursday that the Federal Reserve will likely raise interest…
Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates
NEW YORK (AP) — Americans increased their spending at retailers last month despite pressure from still-high…
Inflationary pressures continue to ease, producer prices drop 0.3% from April to May
WASHINGTON (AP) — Wholesale prices in the United States dropped 0.3% from April to May, another…
