Consumer price index increases 0.8% in February Gasoline accounts for nearly a third of rise in CPI CPI jumps 7.9% year-on-year; costs of food, rent arises Core CPI rises 0.5%; increases 6.4% year-on-year WASHINGTON, March 10 (Reuters) – US consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and … Read more
Nonfarm payrolls increased 678,000 in February Unemployment rate falls to 3.8% from 4.0% Average hourly flat earnings; up 5.1% year-on-year Average workweek rises to 34.7 hours WASHINGTON, March 4 (Reuters) – US job growth accelerated in February, pushing the unemployment rate to a two-year low of 3.8% and raising optimism that the economy could withstand … Read more
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 25 (Reuters) – US stocks are drawing buyers after a recent tumble, but some investors … Read more