Inflation rate hits 2.8% in February, less than expected
The Bureau of Labor Statistics reported that prices for goods and services rose less than expected in February, with the ...
Tag: Breaking news
U.S. payroll growth totals 151,000 in February, less than expected
Job growth in February was weaker than expected, with nonfarm payrolls increasing by 151,000, falling short of the 170,000 forecast. ...
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Federal Reserve Chairman Jerome Powell stated that the central bank will wait to assess President Donald Trump's policy actions before ...
Tech stocks are down 7% since Trump's inauguration as trade war fuels uncertainty
Since President Donald Trump took office in January, technology stocks have plummeted over 7% due to new tariffs sparking a ...
Fed's favorite core inflation measure hits 2.6% in January, as expected
Inflation eased slightly in January, with the personal consumption expenditures price index rising 0.3% for the month and showing a ...
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
Early economic data for the first quarter of 2025 suggests negative growth, with the Federal Reserve Bank of Atlanta's GDPNow ...
Perplexity AI launching $50 million venture fund to back early-stage startups
Perplexity AI, a developer of a popular AI search engine, is close to raising a $50 million venture fund focused ...
Producer prices report points to softer Fed inflation measure than feared
In January, the producer price index rose 0.4%, higher than expected, indicating potential easing of inflation pressures. Excluding food and ...
Retail sales slumped 0.9% in January, down much more than expected
Consumer spending sharply declined in January, signaling a potential economic slowdown, with retail sales dropping 0.9% after an upwardly revised ...
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
In January, inflation exceeded expectations, with the consumer price index rising 0.5% and the annual rate reaching 3%, higher than ...
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