Americans
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Alicia Summers
Fed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.
credit card
U.S. Credit Card Debt Reaches Record High $1.13T
Credit card debt across the United States hits another record high, according to the latest report.
$2
Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Alicia Summers
Federal Reserve Holds Steady On Interest Rates Amidst Mixed Economic Signals
The Federal Reserve will maintain current interest rates, with no cuts announced despite the central bank having suggested several cuts this year.
Business
US inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
ambulatory health care services
US job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Advancers
Wall St kicks off 2024 on a dull note as yields rise, Apple dips
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
Alphabet
Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Adrian Gray
Market bets for 2024 thrown into chaos by US recession conundrum
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.