CPI inflation February 2023 increased 0.4% and 6% from a year ago

Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest rate hike next week despite recent banking industry turmoil. The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in […]

Unemployment for Black and Hispanic women rose in February

Women walk past by a “Now Hiring” sign outside a store on August 16, 2021 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The unemployment rate for Black and Hispanic women rose in February, but so did the number of people looking for jobs. The U.S. unemployment rate ticked up to 3.6% in […]

Here’s where the jobs are for February 2023 — in one chart

The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors of the economy. The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department, accounting for roughly a third of the total 311,000 jobs gain. The health care and social assistance […]

Market Talk – February 23, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 368.78 points or -1.34% to 27,104.32 Shanghai decreased 3.67 points or -0.11% to 3,287.48 Hang Seng decreased 72.49 points or -0.35% to 20,351.35 ASX 200 decreased 29.10 points or -0.40% to 7,285.40 Kospi increased 21.41 points or 0.80% to 2,439.09 […]