US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
The latest jobs report shows that job growth slowed in the month of October, coming in under economists’ expectations, while the unemployment rate was unchanged.
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday.
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Over 72 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday.
Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.