Similar Stories to U.s. Labor Market Tightening; Inflation Pressures Muted on Bing News

The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy.

Topics:  americans   labor market   
BING NEWS:
  • Stock Market Today: S&P 500, Nasdaq Retreat After PCE Inflation Data
    Are inflationary pressures abating? Investors got a fresh look with the Federal Reserve's favored inflation metric, the personal-consumption expenditures price index. The PCE index rose by 2.7% in ...
    05/31/2024 - 7:31 am | View Link
  • The bond market is freaking out about inflation. It could be very wrong.
    But what if the bond market is reacting not just to inflation pressures, which have certainly remained stubborn ... $7.5 trillion balance sheet as part of its so-called quantitative tightening process ...
    05/30/2024 - 4:15 am | View Link
  • Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
    Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as ...
    05/29/2024 - 6:19 am | View Link
  • Fed official says the U.S. has the ‘luxury’ to play the waiting game with inflation thanks to the strong labor market
    On Tuesday, in an interview on CNBC, Kashkari, who serves as the ​​president of the Federal Reserve Bank of Minneapolis, said the Fed has an ace up its sleeve—a strong job market —as it holds off on ...
    05/28/2024 - 6:29 am | View Link
  • Memorial Day kicks off a cruel summer for inflation-weary Americans — with one bright spot
    This Memorial Day weekend marks the informal start of the third summer where inflation will be buzzing around like a fly at a barbecue.
    05/25/2024 - 12:00 am | View Link
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