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Tag Archives: capital economics

Wholesale prices declined slightly in December

WASHINGTON (AP) — U.S. wholesale prices fell last month because companies paid less for food and energy, evidence that inflation remains tame. The Labor Department said Wednesday that the producer price index, which measures price changes before they reach consumers, ...

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Unemployment benefit applications jump to 399,000

WASHINGTON — Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That’s the ...

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Economy gets mixed batch of news ahead of holidays

WASHINGTON — At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday. Consumers barely increased their spending in October, and businesses pulled back on investment in long-lasting manufactured goods. Still, Americans’ pay ...

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Fewer people applied for unemployment benefits

WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week, an encouraging sign that layoffs are easing. Weekly applications dropped 37,000 to a seasonally adjusted 391,000, the Labor Department said Thursday. That’s the lowest level since April ...

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