Tag: October
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Wholesale prices up 0.2% in October
Wholesale prices up 0.2% in October – CBS News Watch CBS News A day after the CPI report revealed a rise in inflation for October, the Producer Price Index is showing a similar increase for wholesale goods. CBS News MoneyWatch correspondent Kelly O’Grady has a look at the numbers. Be the first to know Get…
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U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
What does Fed rate cut say about the economy? What does the Fed’s interest rate cut say about the state of the economy? 04:00 U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker…
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What the October jobs report says about the state of the economy
What the October jobs report says about the state of the economy – CBS News Watch CBS News The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate…
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Biden going on campaign trail after weak October jobs report
Biden going on campaign trail after weak October jobs report – CBS News Watch CBS News President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters “garbage” and ended with a sluggish October…
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U.S. job growth in October hampered by hurricanes and Boeing strike
U.S. job growth in October hampered by hurricanes and Boeing strike – CBS News Watch CBS News The Labor Department has released October’s jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch correspondent Kelly O’Grady breaks down the numbers. Be the…
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October jobs take a hit from hurricanes, strike
Economy grows 2.8% in latest GDP report The economy grew 2.8% last quarter. Here’s how that impacts you 02:14 U.S. payrolls rose by 12,000 in October, well below economists’ estimate of 100,000, marking one of the slowest months for hiring in years. Unemployment held steady at 4.1%. The lackluster report reflects a dent in hiring…