Page 107 - Mark Hamrick News Today

Treasury Secretary Janet Yellen and Federal Reserve Board Chair Jerome Powell on Tuesday illustrated just how many unknowns were facing the U.S. economy as a new strain of the virus that causes COVID-19 emerged and U.S. lawmakers battled over whether to raise the country's debt limit.  Yellen...

Treasury Secretary Janet Yellen and Federal Reserve Board Chair Jerome Powell on Tuesday illustrated just how many unknowns were facing the U.S. economy as a new strain of the virus that causes COVID-19 emerged and U.S. lawmakers battled over whether to raise the country's debt limit. Yellen and Powell appeared before the Senate Committee on…

The Investment Company Institute reported $974 million of inflows into municipal bond mutual funds in the week ending Nov. 23, down from $1.430 billion in the previous week.

Federal Reserve Chairman Jerome Powell will testify that the omicron variant of COVID-19 could end up harming the economy and worsening inflation.

Holiday shoppers rose early Friday to take their customary places at South Florida malls and big box stores. Many prefer in-person shopping despite a continuing trend of more online buying.

Continuing jobless claims also fell and are nearing pre-pandemic levels.

Continuing jobless claims also fell and are nearing pre-pandemic levels.

The Commerce Department’s core personal consumption expenditure index, which strips out volatile food and energy costs, rose 4.1 per cent in October compared with a year ago.

The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year's coronavirus recession.

Continuing jobless claims also fell and are nearing pre-pandemic levels.