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Inflation Is Still Running Hot As US Producer Prices Rise: What You Need To Know
Wednesday, October 12, 2022 - 11:51am | 669U.S. producer prices jumped more than economists had expected last month despite the Federal Reserve's aggressive response to runaway inflation. What Happened: The producer price index (PPI) increased 0.4% in September, the U.S. Bureau of Labor...
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Experts React To Jobs Report: 'Need For Further Fiscal Action Is Obvious'
Thursday, September 24, 2020 - 12:10pm | 519The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Thursday after the weekly U.S. jobs report from the Labor Department revealed a surprise increase in the number of initial jobless claims. On Thursday morning, the Labor Department reported 870,000 initial jobless claims for the week...
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The Bull Market Turns 9 Years Old
Friday, March 9, 2018 - 8:28am | 603The current bull market turned nine years old Friday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six years...
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1 In 4 US Households Is Financially Supporting An Adult Resident
Sunday, September 3, 2017 - 12:04pm | 462A recent survey from Raymond James found that a surprising number of American households are supporting more than just children. In July, Raymond James conducted a survey of 1,000 American adults between the ages of 45 and 64 and found that more than one out of four American households is...
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When The Fed Raises Rates, Don't Sell Bonds...Consider Bond-Laddering
Monday, June 22, 2015 - 12:16pm | 465Amid chatter surrounding the Federal Reserve meeting last Wednesday, E*TRADE Financial Corp (NASDAQ: ETFC) vice president of investment strategy, Mike Loewengart, shared with Benzinga some important tidbits to keep in mind. The chatter surrounding Fed rate hikes have been increasingly abuzz...