Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Newly-elected Argentine President Javier Milei was seen flying commercial as part of his move to get Argentina out of the worst economic crisis they have experienced.
U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.