Latest Updates Around The World
U.S. private labor costs recovered less than expected in December, the ADP national employment report showed on Wednesday.Private employment increased by 41,000 jobs last month, after a revised decline of 29,000 in November. Economists polled by Reuters had forecast private employment to rise by 47,000 jobs, after a previously reported drop of 32,000 in November. […]
On an annual basis, the food and energy index, excluding all items, rose 2.6%, with energy posting an annual gain of 4.2% and the food index up 2.6% on an annual basis. Compared to September, the index for all items minus food and energy increased by 0.2% on a seasonally adjusted basis, with energy increasing […]
Gold and silver prices edged lower on Thursday, November 20, as declining hopes for a US interest rate cut continued to dampen sentiment for the precious metals. The latest US Fed Minutes reveal divisions among Federal Reserve officials over the need for interest rate cuts, torn between concerns about a weakening labor market and persistent […]
The index, all items minus the food and energy index, also rose 3% during the twelve-month period ending in September. Taken alone, energy and food rose by 2.8% and 3.1% respectively over the past year. Month-on-month, the gasoline index showed the largest increase in September, up 4.1%. The BLS said this increase was the biggest […]
