Cost-of-Living Adjustment Will Increase 8.7%, Largest Adjustment in 40 Years
Thu, Oct 13th 2022 at 1:01 pm
Social Security on Thursday announced an 8.7 percent cost of living adjustment, the largest inflation adjustment to benefits in four decades ...
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U.S. applications for jobless aid rise last week
Thu, Oct 13th 2022 at 12:43 pm
The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U....
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Inflation holds grip on the U.S. economy as September rate hits 8.2%
Thu, Oct 13th 2022 at 12:37 pm
The annual U.S. inflation rate was little changed in September, hitting 8.2% year-over-year compared with August's 8.3% reading as the pace ...
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Coming up: Consumer price index for September
Thu, Oct 13th 2022 at 12:02 pm
The consumer price index is expected to rise 0.3% in September, according to economists polled by The Wall Street Journal. Such ...
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Stock market news live updates: Stock futures higher as investors await inflation data
Thu, Oct 13th 2022 at 11:27 am
U.S. stock futures edged higher Thursday ahead of inflation data. Load Error S&P 500 futures (^GSPC) rose 0.6% while futures ...
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Stock market news live updates: Stocks roar back after sinking on hot inflation data
Thu, Oct 13th 2022 at 11:27 am
U.S. stocks recovered Thursday from large early-session drops as Wall Street looked to shake off inflation data that showed ...
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Walgreens Stock Leaps On Q4 Earnings Beat, 2023 Healthcare Sales Target Boost
Thu, Oct 13th 2022 at 11:16 am
"WBA has delivered ahead of expectations in the first year of our transformation to a consumer-centric healthcare company," said CEO ...
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A Shark Tank television show without Dallas billionaire Mark Cuban?
Thu, Oct 13th 2022 at 11:09 am
Owner of the Dallas Mavericks and billionaire Mark Cuban says hell star for at least one more season on Shark ...
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Applied Materials Stock Slides After Cutting Profit Outlook On New China Chip Export Rules
Thu, Oct 13th 2022 at 10:47 am
Semiconductor equipment maker Applied Materials cut its near-term outlook in part based on new U.S. rules that restrict tech ...
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The bank best positioned for upcoming earnings is the most criticized one in Washington, says this Bank of America analyst
Thu, Oct 13th 2022 at 10:43 am
NEED TO KNOW This recent market turmoil was brought to you by the letter P. Prices that are rampant. U....
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Delta Air Lines Stock Surges On Record Q3 Revenues, Solid Year-End Travel Outlook
Thu, Oct 13th 2022 at 10:43 am
"The travel recovery continues as consumer spend shifts to experiences and demand improves in corporate and international," said CEO Ed ...
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Top economist David Rosenberg predicts US inflation will plummet below 3% next year - and warns the Fed's rate hikes are courting disaster
Thu, Oct 13th 2022 at 10:41 am
Rosenberg blasted the Fed for raising rates when stocks are in a bear market, recession fears have spiked, and inflation ...
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Social Security benefits expected to rise by roughly 9 percent in 2023
Thu, Oct 13th 2022 at 10:00 am
The Social Security Administration is expected to announce on Thursday a roughly 9 percent increase in benefit checks for seniors starting ...
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Prices rose again in September; markets fall on sign of higher interest rates
Thu, Oct 13th 2022 at 10:00 am
Data released Thursday will shape the Federal Reserves moves to aggressively hike interest rates to cool the economy, worrying investors.
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A key inflation report that settles little for Wall Street: Morning Brief
Thu, Oct 13th 2022 at 10:00 am
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to ...
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Monte dei Paschi to launch seventh cash call in 14 years
Thu, Oct 13th 2022 at 9:49 am
Monte dei Paschi di Siena (MPS) on Thursday set the terms of an up to 2.5 billion euro ($2.4 billion) cash call ...
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U.K. bond yields slip ahead of Friday's deadline by Bank of England to withdraw support
Thu, Oct 13th 2022 at 9:03 am
The British bond market saw a moment of calm in early action on Thursday, one day ahead of a Bank ...
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NATO States Back German-led Anti-Missile Shield for Europe
Thu, Oct 13th 2022 at 8:48 am
At least 15 countries mainly of the NATO military alliance, including the U.K. and the Netherlands, have signed a letter ...
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OPEC+ supply cut threatens to tip global economy into recession, IEA says
Thu, Oct 13th 2022 at 8:09 am
An oil supply cut from the Organization of the Petroleum Exporting Countries threatens to deepen a global energy crisis by ...
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Consumer prices, jobless claims, Victoria Secret gains and more: Thursday's 5 things to know
Thu, Oct 13th 2022 at 7:06 am
Traders will be watching for the latest economic reports covering consumer prices as well as weekly jobless claims.
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