US job openings post biggest drop in 14 months
U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.
U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.
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.
Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
According to FBI Director Christopher Wray, hackers connected to the Chinese government are waiting for the ideal opportunity to “deal a devastating blow” to vital infrastructure in the United States.