Consumer confidence hits 8-month high as worries about inflation and recession fade
admin The numbers: A survey of consumer confidence jumped to a eight-month high of 108.3 in…
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U.S. stocks moving higher, trying to snap four-day skid despite Bank of Japan surprise and possible recession fears
U.S. stocks are reversing a Tuesday start in the red and now trading higher as…
Read MoreJobless claims drop to 11-week low of 211,000 in early December
The numbers: The number of Americans who applied for unemployment benefits in early December fell…
Read MoreFed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and…
Read MoreVanguard sees a recession in 2023 — and one ‘silver lining’ for investors
The last 12 months was a year of fast-rising inflation, fast-rising interest rates and fast-rising…
Read MoreU.S. inflation slows again, CPI shows, as Fed prepares to raise interest rates
The numbers: The cost of living rose a scant 0.1% in November, the latest in…
Read MoreDow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that…
Read MoreU.S. consumer sentiment improves in December as inflation worries ease
The numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary December…
Read MoreU.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists…
Read MoreU.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists…
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