Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.
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Consumer Sentiment Improves in Early December
U.S. consumer sentiment improved in early December, but worries about high prices and the labor market persisted, a survey showed Friday.
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Fed's Key Inflation Measure Little Changed at 2.8%
The Federal Reserve's preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week.
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Consumer Spending Moderates in September
U.S. consumer spending increased marginally in September, suggesting a loss of momentum in the economy at the end of the third quarter as a lackluster labor market and rising cost of living curbed demand.
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Global Debt Crisis Mounts as Long-Term Bond Faith Fades
Falling short-term rates hide dangerous surge in long-term yields.
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Layoff announcements top 1.1 million this year, the most since 2020 pandemic, Challenger says
The firm said layoff plans totaled 71,321 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.
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