Biden sees economy avoiding recession, but risks remain
President Joe Biden is assuring the nation that the U.S. economy is chugging along. But along with his upbeat words on Friday, a new jobs report showed that high inflation
Source: ktbs.com
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Stocks set to drop after jobs data fans inflation worries
Worries about inflation are hitting Wall Street, and the S&P 500 is down 1% in early trading. It wiped out most of what had been a healthy week of gains
Source: fremonttribune.com
Applications for jobless benefits decline last week
WASHINGTON — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal
Source: keysnews.com
EXPLAINER: 5 key takeaways from the November jobs report
For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control
Source: go.com
Applications for jobless benefits decline last week
The number of Americans applying for unemployment benefits came back down last week and continue to hover around levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes
Source: go.com