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| | | ... spooked Wall Street into losing more than half a per cent last night. Inflation cast its shadow on the Street after the US Labor Department released figures showing that the country's headline producer price index jumped by 1.8 per cent in November ... |
| | | | ... expected to keep rates unchanged when it releases a policy statement following the meeting on Thursday morning (AEDT). The Labor Department said wholesale prices jumped 1.8 per cent last month, more than double the market forecast of a 0.8 per cent rise. ... |
| | | | ... increase. Exports rose 2.5 percent, the sixth straight monthly increase. The trade figures helped offset mixed jobs numbers. The Labor Department said the number of laid-off workers seeking jobless benefits rose more than expected last week to 474,000 ... |
| | | | ... prospects of increased rates also led to a sharp rise in the dollar, which hurt prices for commodities including oil. The Labor Department said the economy shed 11,000 jobs last month, the smallest monthly loss since December 2007, when the recession ... |
| | | | ... the 51.5 figure analysts had been expecting and signals contraction. The market rose at the start of trading following a Labor Department report that new claims for unemployment benefits fell unexpectedly for the fifth straight week and Bank of America ... |
| | | | ... came after a survey by payrolls firm ADP showed a loss of 169,000 private sector jobs in November, a figure indicating the labor market is weaker than most had anticipated. The market also digested the Fed's Beige Book, which said US economic conditions ... |
| | | | ... economists polled by Thomson Reuters. Meanwhile, signs of inflation remained muted, in a positive signal for the economy. The Labor Department's Produce Price Index, which measures inflation at the wholesale level, rose less than expected in October. ... |
| | | | ... report early on Friday showed that the US unemployment rate jumped to 10.2 per cent in October as 190,000 jobs were shed. The Labor Department report, seen as one of the best indicators of economic momentum, showed a rise in the jobless rate from 9.8 ... |
| | | | ... concentration of technology stocks, also gained about two per cent after an upbeat forecast from Cisco Systems Inc. The Labor Department said the number of newly laid-off workers seeking unemployment benefits fell to 512,000 last week, the lowest level ... |
| | | | ... cent for all of October. And all because the US economy's MVP (most valuable player) is showing signs of fatigue. The US Labor Department reported that personal spending dropped by 0.5 per cent after a 1.3 per cent increase in the previous month. While ... |
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