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U.S. weekly jobless claims unchanged; consumer spending rises in November

The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021. But price pressures continued to build up, with a measure of underlying inflation recording its largest annual increase since 1989 in November. The reports on Thursday came as the nation was struggling with a resurgence in COVID-19 infections, driven by the Delta and highly transmissibl...
New York United States White Plains November Lucia Mutikani Chizu Nomiyama Joe Manchin
Source: aol.com

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