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US weekly jobless claims at 10-month high as labor market eases; inflation cooling
Reuters via Yahoo Finance· 16 hours agoThe number of Americans filing new claims for unemployment benefits increased to a 10-month high...
Federal Reserve updates timing of first interest rate cut
TheStreet via Yahoo Finance· 1 day ago"The committee is strongly committed to returning inflation" to its 2% target. Consumer Price Index...
Wholesale prices unexpectedly fell 0.2% in May
CNBC· 17 hours agoThe producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month, the Labor &...
Yellen: US Labor Market Has Become ‘More Normal’
PYMNTS.com· 10 hours agoAmerica’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen...
US Producer Prices Unexpectedly Fall in May
US News & World Report· 17 hours agoU.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter. The producer price index for final ...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 13 hours agoAlso out on June 13 was the May Producer Price Index from the Bureau of Labor Statistics. That...
Why Inflation Was Surprisingly Low in May
Investopedia· 31 minutes agoFalling gas prices helped pushed inflation in May down to a number that likely comes as a welcome sight for many household budgets: zero. The cost of...
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 6 days agoNonfarm payrolls grew by 272,000 in May, up from a downwardly revised 165,000 in April, according to...
In-N-Out raises California prices of Double-Double after minimum wage law
USA TODAY via Yahoo Finance· 4 hours agoFast food prices are up 4.8% since 2023 Fast food prices are up 4.8% since last year and 47% since...
What it's like to live with just $23 a month in SNAP benefits: 'It barely covers one meal.'
Business Insider via Yahoo Finance· 11 hours agoThe average American household spends $475 a month on groceries plus $303 on restaurants and...