Search results for “Bureau of Labor Statistics”

3 stories for “Bureau of Labor Statistics”

Markets & Finance

Wholesale prices rise 0.3% in October, annual rate hits 6.5%

Wholesale prices rose 0.3% in October, bringing the annual producer price index to 6.5%, the highest in nearly four years. This ongoing inflation pressure complicates the Federal Reserve's monetary policy...

CNBC Economy · 2 days ago · 1 min read

Markets & Finance

Goolsbee warns of inflation pressures as Fed considers rate hikes

Chicago Fed President Austan Goolsbee described the October inflation report as "borderline disturbing," highlighting ongoing price pressures that may lead the Fed to consider further interest rate hikes. The...

CNBC Finance · 3 days ago · 2 min read

Markets & Finance

U.S. economy adds 165,000 jobs in October; unemployment rate drops to 4.1%

The U.S. economy added 165,000 jobs in October, significantly exceeding expectations, while the unemployment rate fell to 4.1%. This strong job growth and wage increases suggest economic resilience, impacting...

CNBC Economy · 9 days ago · 1 min read