Weekly jobless claims drop 3,000 to 183,000 Continuing claims decreased 11,000 to 1.655 million Productivity accelerated at a 3.0% rate in the fourth quarter Unit labor costs grow at a rate of 1.1% WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits fell to a nine-month low last week, as the … Read more
Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more
https://tmsnrt.rs/2zpUAr4 Asian markets recovered early losses, and US stock futures were flat The dollar broke below the 130 yen support level to reach a 6-month low Global growth fears are weighing on oil prices, but gold is rallying SYDNEY (Reuters) – Asian stocks recovered from early losses on Tuesday as investors weighed the near-term costs … Read more
