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Inflation jumps 2.9 percent in largest annual gain in 6 years

Consumer prices rose in June from a year earlier at the fastest pace in six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department says the consumer price index ticked up just 0.1 percent in June......»»

Category: topSource: moneycentralJul 12th, 2018

U.S. job growth surges; annual wage gain largest since 2009

U.S. job growth accelerated in August and wages notched their largest annual increase in more than nine years, strengthening views that the economy was so far weathering the Trump administration's escalating trade war with China......»»

Category: topSource: reutersSep 7th, 2018

US consumer spending up 0.4 percent while annual inflation rises 2.3 percent, highest in 6 years

US consumer spending up 0.4 percent while annual inflation rises 2.3 percent, highest in 6 years......»»

Category: topSource: foxnewsAug 30th, 2018

Consumer prices ramp up at their fastest pace in 6 years

Joe Raedle/Getty Images Consumer prices rose 2.9% year-over-year in June, making for their largest annual gain since February 2012. Gas prices rose 0.5% month-over-month, and are up 24.3% over the past year. Th.....»»

Category: topSource: businessinsiderJul 12th, 2018

Expensive gasoline lifts producer prices more than expected

U.S. producer prices increased more than expected in May, leading to the biggest annual gain in nearly 6-1/2 years, but underlying producer inflation remained moderate......»»

Category: topSource: moneycentralJun 13th, 2018

Eurozone Inflation Jumps, but Uncertainty Still Clouds ECB Outlook

The eurozone’s annual rate of inflation rose more sharply than expected in May as energy prices increased, a development that will likely reinforce the ECB’s belief that the metric will return to its target over coming years......»»

Category: europeSource: wsjMay 31st, 2018

U.S. import prices post largest drop in more than one-and-a-half years

U.S. import prices recorded their biggest drop in more than 1-1/2 years in August amid declines in the cost of fuels and a range of other goods, suggesting a strong dollar was curbing imported inflation pressures......»»

Category: topSource: reutersSep 14th, 2018

Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs

Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs $DIA, $SPY, $QQQ, $RUTX, $VXX US job growth accelerated in August and wages notched their largest annual increase in more than 9 years, the clearest si.....»»

Category: topSource: livetradingnewsSep 7th, 2018

U.S. adds 201,000 jobs in August

U.S. job growth accelerated in August, and wages notched their largest annual increase in more than nine years. Fred Katayama reports......»»

Category: videoSource: reutersSep 7th, 2018

Instant View: U.S. August job growth surges

U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration's escalating trade war with China......»»

Category: topSource: reutersSep 7th, 2018

Turkish central bank says it will act to contain inflation

Turkey's central bank said it would re-adjust its monetary policy at its next meeting, after Turkey's annual inflation rate increased to nearly 18 percent in August......»»

Category: topSource: foxnewsSep 3rd, 2018

India Devalued Its Largest Banknotes Two Years Ago, But People Are Still Using More Cash Anyway

The demonetization process probably lowered GDP growth last year. India may have banned its largest banknotes in 2016, but its people are using more cash, according to the latest Indian central bank annual report. The value of cash.....»»

Category: europeSource: fortuneAug 30th, 2018

U.S. second-quarter GDP growth raised to 4.2 percent

U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration's goal of 3 percent annual growth......»»

Category: topSource: reutersAug 29th, 2018

U.S. Corporate Profits Soared in Second Quarter

The Commerce Department measured a 16.1% year-over-year gain, the largest in six years. Profits were bolstered by large tax cuts and strong economic growth......»»

Category: smallbizSource: wsjAug 29th, 2018

U.S. second-quarter GDP growth raised to 4.2 percent; consumer spending cut

U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration's goal of 3 percent annual growth......»»

Category: topSource: reutersAug 29th, 2018

Mid-Afternoon Market Update: Dow Jumps 125 Points; America"s Car-Mart Shares Gain On Earnings Beat

Toward the end of trading Friday, the Dow traded up 0.49 percent to 25,684.64 while the NASDAQ climbed 0.10 percent to 7,813.98. The S&P also rose, gaining 0.35 percent to 2,850.63. read more.....»»

Category: blogSource: benzingaAug 17th, 2018

If Inflation Rips Higher, Consider This Sector ETF

The consumer price index notched a 2.9-percent year-over-year increase last month, one of the biggest year-over-year index increases in almost seven years. read more.....»»

Category: blogSource: benzingaAug 17th, 2018

Norton Healthcare operating income jumps 40+ percent in 2Q

Louisville-based Norton Healthcare Inc., the owner of several of Louisville's largest hospitals, saw a major jump in revenue and operating income for second quarter. The financial gains for the hospital and health care provider were the result of incr.....»»

Category: topSource: bizjournalsAug 16th, 2018

Economic Report: U.S. productivity surges in spring to more than three-year high

The productivity of American businesses surged to a 2.9% annual pace in the second quarter, reflecting the biggest gain in more than three years......»»

Category: topSource: marketwatchAug 15th, 2018

Core cost of living increasing at fastest rate in 10 years

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy......»»

Category: topSource: moneycentralAug 10th, 2018

Core cost of living increasing at fastest rate in 10 years

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy......»»

Category: topSource: moneycentralAug 10th, 2018