President Donald Trump on Wednesday night used a primetime address from the White House Diplomatic Room to argue that his administration is reversing what he described as economic devastation inherited from the previous Democratic administration, telling Americans the ...
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November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows
Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
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Bank of England cuts interest rates, in welcome Christmas boost for consumers
The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.
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Jobless Claims Fall by 13,000 as Layoffs Remain Low
U.S. applications for unemployment benefits fell by 13,000 last week, remaining in the same historically healthy range of the past few years even as concerns grow about the health of the labor market.
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Inflation Cools to 2.7% in Surprise November Drop
U.S. inflation decelerated unexpectedly last month, the government said in a report that was delayed by the government shutdown.The Labor Department reported Thursday that its consumer price index was up 2.7% in November from a year earlier.
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November's inflation report is the first to be released after the shutdown. Here's what to expect
November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
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