Tag: September
September Wholesale Prices Remain Unchanged, Missing Expectations
In September, wholesale prices remained stable, indicating a slowdown in inflation, according to a report by the Labor Department. The producer price index, which...
September Inflation Rate Surpasses Expectations at 2.4%, Jobless Claims Reach Highest Since August 2023
In September, the inflation rate in the United States exceeded expectations, reaching 2.4%. This increase was driven by a 0.2% rise in the consumer...
Federal Reserve Officials Divided on Half-Point Rate Cut in September Meeting
Federal Reserve officials met in September to discuss interest rates and ultimately decided on a half-point cut in an effort to balance inflation and...
Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September
Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
Breaking Financial News
Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies
After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and...
