Economy

US Unemployment Claims Remained Stable to Kick Off August

The number of Americans filing applications for unemployment benefits remained stable at the start of August, pointing to a stable national labor market.
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US Annual Inflation Rate Stabilizes in July, Slowing to 3.4 Percent

Falling energy prices helped inflation pressures ease last month, new government data released on August 12 show.
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US Economy Unexpectedly Loses 23,000 Jobs in July

The U.S. labor market stalled last month as the economy unexpectedly lost jobs, new government data show.

Inflation Eases to 3.5 Percent on Softer Energy Costs

A decline in energy prices helped drive consumer inflation lower in June, providing relief for Americans, especially at the pump, the government reported on July 14.

US Median Sales Price of Homes Hits Record High of $408,838

The median sales price of homes in the US hit a record high of $408,838 for the four weeks ending June 28, real estate brokerage Redfin said in a July 2 statement.

Unemployment Falls to 4.2 Percent as US Economy Adds 57,000 New Jobs

Employers added 57,000 new jobs last month, from May’s 129,000 gain, according to new data from the Bureau of Labor Statistics released on July 2.
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US Inflation Surges to Highest Level Since April 2023

The U.S. annual inflation rate surged to 4.2 percent last month, from 3.8 percent in April, according to new Bureau of Labor Statistics data released on June 10.

Bitcoin Falls to $61,193 as US Dollar Strengthens

Bitcoin’s price has hit one of its lowest levels in around 20 months, aside from a decline in February, trading at just over $61,000.