Consumer prices in August rose 5.3% from a year ago and 0.3% from July, the Labor Department reported Tuesday. Both totals were slightly below market…
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September 14 at 11:23 am
September 14 at 7:20 am
Tuesday's CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot
The consumer price index is expected to come in at a 5.4% year over year pace for August, according to the Dow Jones consensus estimate….
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September 13 at 4:45 pm
Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender
PUBLISHED TUE, SEP 7 202110:22 AM EDT UPDATED TUE, SEP 7 202110:13 PM EDT Tanaya Macheel @TANAYAMAC KEY POINTS The price of bitcoin fell Tuesday…
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September 13 at 3:54 pm
U.S. Covid cases finally start to dip from latest peak, but Delta variant still on the rise in some states
PUBLISHED MON, SEP 13 20213:31 PM EDT Nate Rattner @NATERATTNER Robert Towey @ROBERTTOWEYCNBC KEY POINTS The seven-day average of daily Covid cases is about 144,300…
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September 13 at 3:50 pm
House Democrats propose new tax hikes to pay for their $3.5 trillion bill: Here are the details
PUBLISHED MON, SEP 13 202110:08 AM EDT UPDATED AN HOUR AGO Jacob Pramuk @JACOBPRAMUK House Democrats outlined tax increases they aim to use to offset…
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September 10 at 10:07 am
Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago
The producer price index increased 0.7% in August from a month ago, above the 0.6% Dow Jones estimate. Final demand prices rose 8.3% from a…
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September 09 at 12:21 pm
Weekly jobless claims post sharp drop to 310,000, another new pandemic low
Weekly jobless claims totaled 310,000 for the week ended Sept. 4, another fresh low for the pandemic era. That was below the Dow Jones estimate…
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September 09 at 9:25 am
Businesses are feeling stronger inflation and paying higher wages, Fed's 'Beige Book' says
U.S. businesses are experiencing escalating inflation that is being aggravated by a shortage of goods and likely will be passed onto consumers in many areas,…
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September 08 at 12:29 pm
Job openings soar to 10.9 million as companies struggle to fill positions
The Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That…
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September 07 at 2:15 pm
A sharp rise in wages is contributing to worries over inflation
August’s jobs report showed that even with weak hiring, wages are rising. Leisure and hospitality, which saw zero net job growth in August, saw wages…
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September 03 at 12:47 pm
Jobs report disappoints — only 235,000 positions added vs. expectations of 720,000
Nonfarm payroll growth in August increased by just 235,000 vs. expectations of 720,000. The unemployment rate fell to 5.2%, in line with estimates. Leisure and…
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September 03 at 10:13 am
Here's where the jobs are — in one chart
The hiring blitz at bars and restaurants came to an abrupt halt in August as more Covid-19 cases and a scarcity of willing workers kept…
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