US consumer spending ends 2022 on weaker grounds; slowing inflation

Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more

US job growth strong in December; Wage growth is slowing

Nonfarm payrolls elevated 223,000 in December Unemployment fee down to three.5% from 3.6% excessive charges of home staff; Excessive participation fee incomes common hourly earnings of 0.3%; A rise of 4.6% year-on-year WASHINGTON, Jan. 6 (Reuters) – The U.S. financial system added jobs by a robust measure in December, pushing the unemployment fee again to … Read more

Asian stocks weigh China risks, and the yen hit a 6-month high

https://tmsnrt.rs/2zpUAr4 Asian markets recovered early losses, and US inventory futures have been flat The greenback broke under the 130 yen help degree to succeed in a 6-month low International development fears are weighing on oil costs, however gold is rallying SYDNEY (Reuters) – Asian shares recovered from early losses on Tuesday as buyers weighed the … Read more