Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982
Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday....
Category : CNBC
Investors brace for the highest inflation reading in nearly 40 years
Wall Street expects the the CPI to reflect a 0.7% gain for the month, which would translate into a 6.7% increase from a year ago...
The U.S. has spent most of its Covid relief funding, but there are still billions left to dole out
Federal agencies have formally committed to using $4 trillion of $4.5 trillion in approved Covid relief funding, and have paid out $3.5 trillion to date....
S&P 500 edges lower as investors digest this week’s rally, turn focus to economic data
The S&P 500 dipped on Thursday, after the major averages posted a third straight day of gains....
Weekly jobless claims fall to 184,000, the lowest level in more than 52 years
Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969....
Stocks making the biggest moves premarket: CVS, Hormel, RH, GameStop and others
Names on the move ahead of the open....
Stock futures are flat after major averages post third straight day of gains
U.S. stock index futures were little unchanged during early Thursday trading....
China stocks face delisting risks in the U.S. — investors should hedge their bets, Credit Suisse says
Investors could switch to Hong Kong-listed shares of Chinese companies with dual listings, said Jack Siu, Credit Suisse’s Greater China CIO....
China’s vegetable prices surge 30.6% in November as food costs soar
Fresh vegetable prices in China surged for a second-straight month in November, the National Bureau of Statistics said Thursday....
Powell’s fourth major shift raises questions about the Fed’s policy credibility
The Fed is expected to say it will double the pace of its bond purchase taper, while also likely hinting at more aggressive rate hikes...
