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Virginia consumer sentiment drops to 59.6 as inflation and cooling labor market squeeze budgets
6+ hour, 2+ min ago (500+ words) Virginia shoppers are feeling more pressure at the checkout line, and a new poll suggests that these higher costs are affecting how residents view the economy as a whole. In August, a new Roanoke College survey found a sharp decline…...
Long-Term US Unemployment Rate Creeps Up To 27% Despite Blockbuster August Hiring
9+ hour, 43+ min ago (381+ words) ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero...
Balisacan expects employment rebound in 2nd half
9+ hour, 50+ min ago (265+ words) THE Department of Economy, Planning, and Development said it expects a rebound in job creation in the coming months, driven by seasonal hiring for the Christmas period and an anticipated recovery in the construction sector. “We expect some recovery in…...
'This is the test': All eyes turn to Fed as rate hike probable
11+ hour, 5+ min ago (712+ words) The U.S. central bank heads into a key rate-setting meeting this week with markets expecting policymakers to finally opt for a rate hike amid persistently elevated inflation, as analysts say chief Kevin Warsh's credibility is on the line. The world's largest…...
US consumer prices accelerate in August, push Fed closer to rate hike
2+ day, 42+ min ago (548+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
Gasoline likely to boost US consumer prices in August
2+ day, 14+ hour ago (289+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce...
US Consumer Prices Accelerate in August
1+ day, 18+ hour ago (385+ words) Report likely to result in the Federal Reserve raising interest rates next week, financial markets bet. Consumer sentiment sags in September; inflation expectations rise. Posted by lamplighter at 11:33 PM | 5 COMMENTS | permalink | Comment on This Entry | Fed Chairman Kevin Warsh faces…...
Consumer sentiment fell to 47.8 in September
2+ day, 7+ hour ago (21+ words) CNBCâs Rick Santelli reports on the latest economic data to cross the tape. Consumer sentiment fell to 47.8 in September...
US consumer prices pick up in August, boosting chances of rate increase
2+ day, 8+ hour ago (292+ words) In the 12 months through August, consumer inflation advanced 3.4 per cent after rising by the same margin in July US consumer prices accelerated in August as the cost of petrol rebounded after two straight monthly declines, bolstering financial market expectations that…...
Bangladesh's trade deficit widens 38% in July
2+ day, 17+ hour ago (328+ words) The widening deficit was mainly driven by higher import costs for petroleum products and fertiliser, while exports declined. According to balance of payments (BoP) data released by Bangladesh Bank, import bills increased 8.6 per cent year-on-year to $6.44 billion in July, while…...