Consumer prices in the United States rose more than expected in October, according to fresh figures from the US Labor Department. Interest rates are rising, and stock prices are turning negative in futures trading on Wall Street after the figures, which increase the likelihood of interest rate hikes by the US central bank, the Federal Reserve (Fed).
BusinessDole, a major fruit producer and one of the world’s largest banana suppliers, fell more than 8 percent in futures trading on Wall Street after a quarterly report.
BusinessUnexpectedly strong employment figures for October - both in terms of job creation and unemployment - gave the dollar and US market interest rates a boost. The likelihood of another US rate hike in December is rising from already high levels.
BusinessProducer prices in the United States rose 4.7 percent in July compared with the same month last year, according to monthly figures from the US Department of Labor.
BusinessThe number of jobs outside the agricultural sector in the United States fell by 23,000 in July, according to figures from the country's Labor Department. This was a significantly weaker result than expected.
BusinessThe U.S. economy added 57,000 new jobs outside the agricultural sector in June, according to monthly figures from the Labor Department. This was significantly lower than expected.
Business115,000 new jobs were created outside the agricultural sector in the United States, according to the monthly report from the U.S. Department of Labor.
BusinessU.S. inflation, measured by the CPI, rose to 3.3 percent in March, according to the U.S. Department of Labor. This was lower than expected and up from 2.4 percent in February.
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