Tag Archives: labor department

US stocks fell as the selloff in Treasuries resumed, with traders bracing for the possibility of more aggressive policy tightening by the Federal Reserve. Meanwhile, the US dollar is gaining momentum.Treasury yields rose across the curve, with the policy-sensitive two-year rate climbing as much as 15 basis points 2.73% as …

Most Latin American stocks and currencies fell on Friday after data showing strong jobs growth in the United States created room for a more hawkish US Federal Reserve.MSCI’s index of Latin American currencies. MILA00000CUS fell 0.8% and stocks .MILA00000PUS dropped 0.5%. Still, both the indexes were set for weekly gains …

Markets retreated from their previous surging for three successive trading sessions, opening lower Thursday morning, despite fresh data from the US Labour Department that showed the number of Americans filing initial jobless claims fell to the lowest level in 52 years. All major US indexes were down in early trading, …

New weekly jobless claims are slightly higher than expected but still representing a new pandemic-era low, with the weekly rate of those rendered newly out of work coming closer to pre-coronavirus levels. The Labor Department released its jobless claims report Thursday. The main figures from the report refer to initial …

Consumer inflation surged in October as fuel costs picked up, supply chains remained under pressure and rents moved higher. NYT said that it is bad news for economic Fed’s policymakers and for the White House, which had been emphasizing a recent slowdown in price gains.Inflation picked up to 0.9 percent …

On Tuesday, Gold prices continued to trend higher after breaking since Friday. Despite the USD’s holding steady, the decline in U.S. treasury yields buoyed the precious metal. The solid U.S. PPI report released on Tuesday by the Labor Department showed that part of wholesale inflation is decelerating.Heavy buying trend of …

U.S. job growth fell to the slowest pace of 2021 in September, as the Delta variant and a persistent shortage of workers restrained the ability of companies to hire or attract more workforce. The U. S. economy created 194,000 jobs in September, the smallest gain since December 2020 and down …