Monthly archive November, 2021

A report released by the Labor Department on Tuesday showed U.S. producer prices increased by slightly more than anticipated in the month of October. The Labor Department said its producer price index for final demand advanced by 0.6 percent in Read More →

Releasing its weekly report on first-time claims for U.S. unemployment benefits a day earlier than usual due to the Veterans Day holiday, the Labor Department revealed Wednesday that initial jobless claims saw another modest decrease in the week ended November Read More →

The Labor Department released a highly anticipated report on Wednesday showing U.S. consumer prices increased by more than expected in the month of October, lifting the annual rate of price growth to its highest level in over thirty years.Original Read More →

The U.S. dollar climbed higher on Wednesday, recording strong gains against its major counterparts, after data from the Labor Department showed consumer prices in the country rose more than expected in the month of October.Original Article Read More →

A report released by the Commerce Department on Wednesday showed wholesale inventories in the U.S. jumped by more than expected in the month of September. The Commerce Department said wholesale inventories surged up by 1.4 percent in September after leaping Read More →

The U.S. dollar shed ground against most of its major counterparts on Tuesday as Treasury yields dropped on news that Fed Governor Lael Brainard was interviewed for the top post of the central bank last week.Original Article Read More →