A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker | In Pictures | Getty ImagesLONDON โ Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday, ramping up market expectations for a...
Category: Economy
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene and the Boeing strike, the Labor Department reported Thursday.The consumer price index, a broad gauge measuring the costs of goods and services across the U.S....
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton, U.S., October 7, 2024. Octavio Jones | ReutersHurricane Milton's once-in-a-century potential could cause damage of more than $50 billion, with the potential to leave behind devastation approaching $175 billion or more...
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose Layden | Getty ImagesSeptember's outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open...
Here’s everything to expect when the September jobs report is released Friday
Attendees at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesSeptember's jobs picture is expected to look a lot like August's โ a gradual slowdown in hiring from earlier this year, a modest increase in wages and a labor...