Economic Report: Consumer inflation hits 6-year high, CPI shows

Consumer confidence leaped again in April to a 14-month high as rising vaccinations, falling coronavirus cases and a resurgent U.S. economy eased pandemic-related anxieties, a new survey showed. The index of consumer confidence climbed to 121.7 from 109......»»

Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»

10-year Treasury hits 13-month high.....»»

Big-Tech Trumps Small Caps As Inflation Outlook Hits 13-Year High .....»»

Manufacturing activity in New York rose 5.3 points to 17.4 in March, its highest level since July, the New York Fed said on Monday......»»

Such expectations are used as a gauge of future inflation since businesses are likely to lift prices in line with what consumers anticipate. B Businesses are likely to lift prices in line wit.....»»

Despite the rise in UK unemp.....»»

New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic......»»

Stronger-than-expected inflation and vaccine f.....»»

Pessimism about financial security.....»»

Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»

The U.S. trade deficit fell in December, but the nation's trade gap still climbed in 2020 to the highest level in 12 years owing to disruptions caused by the coronavirus pandemic......»»

U.S. Treasury yields rose Wednesday as more bond traders grew confident that the coronavirus vaccination rollout and further fiscal aid from Congress would sustain the economic recovery in 2021......»»

Taiwan's economic growth for fourth-quarter 2020 is estimated at 4.94%, the highest quarterly level since 2011 and 1.66pp higher than the 3.28% forecast in November 2020, according to the Directorate General of Budget, Accounting and Statistics (DGBAS)......»»

Prices of co.....»»

The U.S. 10-year Treasury yield rallied to a nearly 10-month high Tuesday as investors worried that stimulus measures to combat the economic slowdown caused by COVID-19 could unleash a wave of inflation down the road......»»

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession......»»

Consumer sentiment appeared to stabilize toward the end of April after suffering the biggest decline ever, perhaps reflecting the raises hopes of Americans that the economy will improve later in the year after the early onslaught from the coronavirus......»»

Millions of coronavirus-related job losses and the shutdown of large parts of .....»»

Consumers started to rapidly lose confidence in the economy in March as a deadly coronavirus spread, a new survey shows, and it’s likely to plunge a lot more in the month ahead as millions are thrown out of work and the U.S. sinks into recession......»»