Wall Street's main indexes opened higher on Wednesday, recovering from a selloff in the previous session after a hot inflation report clouded the timing for the Federal Reserve's first interest-rate cut this year.
U.S. consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.
Prices cooled further in January, offering the latest sign that inflation has eased significantly since its pandemic-era surge but still hovers above what policymakers consider normal.
Friday, February 09, 2024
Wall Street notched a milestone, with the S&P 500 topping 5,000 amid a renewed rally in big tech and hopes the Federal Reserve will soon be able to cut rates — bolstering the outlook for corporate profits.
Friday, February 02, 2024
New Hampshire’s jump in unemployment is not a bad thing.
Tuesday, January 30, 2024
CONCORD — Senate Democratic Leader Donna Soucy of Manchester has begun the 11th year of her campaign to raise New Hampshire’s minimum wage that is currently only half the average set in surrounding states.
Friday, January 26, 2024
WASHINGTON - U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month, bolstering expectations that the Federal Reserve will start cutting interest rates this year.
Thursday, January 25, 2024
WASHINGTON - The U.S. economy grew faster than expected in the fourth quarter amid strong consumer spending, and shrugged off dire predictions of a recession after the Federal Reserve aggressively raised interest rates, with growth for the full year coming in at 2.5%.
Wednesday, January 24, 2024
Stocks extended gains as an onslaught of positive earnings from technology companies reinforced the picture of a broadly robust corporate sector.
Tuesday, January 23, 2024
Disgruntled employees cost US companies an estimated $1.9 trillion in lost productivity last year, according to research from Gallup that puts a price tag on workplace unhappiness.
Monday, January 22, 2024
Wall Street's main indexes were poised for more upside on Monday, building on the S&P 500's record highs last week on a boost from chip and megacap stocks, while corporate earnings and clues on rate cuts continued to top investors' radar.
Monday, January 15, 2024
Donald Trump is thousands of miles away from the Alpine Swiss town of Davos but talk of his possible return to the White House is on everyone’s lips even before the annual shindig of the global elite has kicked off.
Saturday, January 13, 2024
editor's pick
Online job openings for registered nurses in New Hampshire shot up 61% in late 2023 compared with a year earlier, according to state employment figures, a sign of growing health care demands.
Thursday, January 11, 2024
Pay hikes over the past four years have lifted the wages of people who work in hospitality — the nation’s lowest-paid industry — nearly 30% on average, reversing much of the wage inequality that has been growing for decades in the United States.
Wednesday, January 10, 2024
Where a state ranks in terms of its population is a pretty good indicator of where it will rank in terms of the size of its economy relative to other states.
Wednesday, January 03, 2024
Federal Reserve policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time,” while acknowledging they were probably at the peak rate and would begin cutting in 2024.
WASHINGTON - U.S. job openings fell to nearly a three-year low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to start cutting interest rates this year.
Sunday, December 31, 2023
A wild 2023 for the US stock market is drawing to a close, and investors are full of optimism for 2024 as the S&P 500 Index sits within striking distance of its first all-time high in nearly two years.
Wednesday, December 20, 2023
New Hampshire’s population has inched its way past the 1.4 million milestone in the past year, growing by an estimated 3,051 residents in that time, a slower rate than the prior year, according to new U.S. Census data.
Monday, December 18, 2023
After two years of relentless pressure over everything from sky-high inflation to a looming recession, the head of the Federal Reserve was asked this month what he does for fun.
Thursday, December 14, 2023
WASHINGTON - U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start, which should keep the economy on a moderate growth path this quarter.
Tuesday, December 05, 2023
editor's pick
The new owners at Noel’s Tree Farm in Litchfield took the previous owner’s advice and hired a police detail to direct traffic on Black Friday.
The number of job openings in the United States dropped more than expected in October to a 32-month low signaling a slow down in employers' hiring intentions last seen at the height of the pandemic in early 2021.
Friday, December 01, 2023
LONDON - November was the best month in over three decades for a classic stock and bond portfolio, as both markets posted their best returns in years, according to a Bank of America Global Research report on Friday.
Thursday, November 30, 2023
NEW YORK - New York Federal Reserve President John Williams said on Thursday that the U.S. central bank is likely done with interest rate hikes, but he added that rates could rise again if inflation pressures do not continue to moderate.
Wednesday, November 29, 2023
DENVER -- President Joe Biden will tout his economic and clean energy policies on Wednesday in Colorado while taking on right-wing Republican lawmaker Lauren Boebert, a close ally of former President Donald Trump.
WASHINGTON — The economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.
Tuesday, November 28, 2023
WASHINGTON — Consumer confidence rose in November after three straight monthly declines, with Americans planning big-ticket purchases like motor vehicles and houses over the next six months even as they continued to fret over higher prices and interest rates.
Monday, November 27, 2023
Retailers hit the send button on push notifications, text messages and video streaming ads to reach U.S. shoppers on Cyber Monday, touting heavily discounted cosmetics, electronics, toys, clothing and other products.
Saturday, November 25, 2023
editor's pick
It was a safe bet that the start of legalized sports betting in Massachusetts would put a dent in the amount wagered in New Hampshire, where Bay State sports bettors had accounted for 25% of sports gambling revenues.
Thursday, November 16, 2023
Continuing applications for U.S. unemployment benefits rose to the highest level in almost two years, underscoring the increasing challenges unemployed workers are facing in finding new jobs.
Wednesday, November 15, 2023
New Hampshire’s unemployment rate continued to tick slightly upward after hitting an all-time low in July.
Tuesday, November 14, 2023
Inflation eased further in October, offering a dose of encouragement as the Federal Reserve looks for enough progress to let up on its fight to tame consumer prices and slow the economy.
U.S. inflation is cooling at what could prove to be its fastest pace in at least 40 years, if not longer, with only a limited rise in the unemployment rate, Chicago Federal Reserve President Austan Goolsbee said on Tuesday.
Inflation eased further in October, offering a dose of encouragement as the Federal Reserve looks for enough progress to let up on its fight to tame consumer prices and slow the economy.
Monday, November 13, 2023
editor's pick
The city of Lebanon is working on raising $20 million from area businesses to build a child care center for 200 children, including half whose family incomes would result in lower rates.
Stocks kicked off the week with losses after posting big gains this month, with traders awaiting key inflation data, remarks from Federal Reserve speakers and results from some giant retailers.
Thursday, November 09, 2023
The number of Americans filing new claims for unemployment benefits edged down last week, signaling that layoffs remain low even as the still-strong job market shows some signs of cooling.
Tuesday, November 07, 2023
editor's pick
CONCORD — For the third time in three years, the Business Finance Authority is recommending state taxpayer-backed financing for expansions at SIG Sauer, the state’s largest gun manufacturer.
Saturday, November 04, 2023
Even during summer heat waves, Santa’s Village gives patrons a fuzzy Christmas feel.
Thursday, November 02, 2023
WASHINGTON - The number of Americans filing new claims for unemployment benefits increased moderately last week as the labor market continued to show few signs of a significant slowdown.
Tuesday, October 31, 2023
CONCORD — Facing a need for another as soon as 2027, state officials are mobilizing to keep 603 as New Hampshire’s only area code while warning of the disruptions a second area code could cause.
