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(COLORADO SPRINGS) — In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES ...
Service sector update. The Institute for Supply Management releases its latest report on the U.S. service sector on Wednesday. Economists forecast the monthly index edged lower in January, following a jump in December. The service sector employs most Americans and has withstood pressure from inflation and elevated interest rates.
Price check. A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation was at 2.9% annually ...
On Friday, the September jobs report is expected to show 130,000 nonfarm payroll jobs were added to the US economy with unemployment holding steady at 4.2%, according to data from Bloomberg.
The Fed held its benchmark rate steady on Wednesday at its current range between 4.25% to 4.5%, a move that was forecast by a majority of economists polled by FactSet. Most economists also predict ...
Business and economy 2025 Balkan retail boycotts Following boycotts in Croatia on January 24, and in conjunction with a follow-up boycott in the country, residents of Bosnia and Herzegovina , Serbia , Montenegro , and North Macedonia start a boycott of retail stores in response to rising prices.
Economic News Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland
The S&P 500 posted seven new 52-week highs and four new lows, while the Nasdaq Composite recorded 37 new highs and 27 new lows. (This story has been refiled to correct the syntax in paragraph 4)