U.S. stock index futures advanced on Wednesday after a lower-than-expected increase in a key inflation metric bolstered hopes of interest rate cuts from the Federal Reserve this year.
Nationally, the unemployment rate for April was 3.9%, an uptick from 3.8% in March. The national rate in April 2023 stood at 3.4%.
editor's pick
More than seven years after efforts began, inventor Dean Kamen’s dream of making Manchester becoming the epicenter of regenerative medicine is taking shape.
Tuesday, May 14, 2024
Nationally, the unemployment rate for April was 3.9%, an uptick from 3.8% in March. The national rate in April 2023 stood at 3.4%.
Saturday, May 11, 2024
editor's pick
More than seven years after efforts began, inventor Dean Kamen’s dream of making Manchester becoming the epicenter of regenerative medicine is taking shape.
Thursday, May 09, 2024
WASHINGTON - U.S. mortgage rates fell this week for the first time in more than a month amid signs of slowing economic activity, but remain too high to provide a significant boost to the housing market.
WASHINGTON - The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that the labor market was steadily cooling.
Friday, May 03, 2024
Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated for “some time,” but added she still anticipates price gains will eventually cool with interest rates held at current levels.
