Wall Street retreats from records on unemployment, inflation news

Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the Federal Reserve’s November meeting. Brooke SeipelOctober 10, 2024 at 1:58 PMWall Street retreated from its records on Thursday following dual reports showing cooling inflation and climbing unemployment.S&P 500 Futures: 5,828.50 ⬇️ down 0.22%S&P 500: 5,780.05…

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Out of work from Helene? You may qualify for unemployment assistance. Here’s what to know

Disaster Unemployment Assistance offers up to 6 months of payments, much longer than North Carolina’s regular maximum assistance of 12 weeks. Western North Carolina residents who are out of work in the wake of Tropical Storm Helene may qualify for Disaster Unemployment Assistance, a federal program that expands unemployment eligibility beyond traditional aid provided by…

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Trump, Republicans link immigrants to high US housing prices, researchers disagree

Academics say migrant inflows have minimal impact on pricesMigrants contribute to supply, easing prices, experts sayWASHINGTON, Oct 11 (Reuters) – Republican presidential candidate Donald Trump and members of his party running for the U.S. Senate are blaming immigrants for the rising cost of housing, though a review of economic data and independent research suggests their…

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