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Latest Financial News
U.S. Consumer Prices Rise 0.4% in October as Inflation Remains Elevated
Food and shelter costs kept rising, while missing October 2025 data prevented BLS from publishing a year-over-year headline inflation rate.
India’s Unemployment Rate Falls to 5.1% as Rural Job Market Improves
India’s unemployment rate fell to 5.1% in July-September as rural job conditions improved, while urban unemployment stayed broadly steady and labour-force participation increased.
U.S. Real Hourly Earnings Stall in October as Inflation Offsets Wage Gains
Average hourly pay rose 0.4% in October, matching the increase in consumer prices. Inflation-adjusted weekly earnings were also unchanged.
Fed Governor Waller Backs December Rate Increase Despite Stable U.S. Labor Market
Waller is leaning toward a quarter-point increase, but October’s 0.3% core CPI reading adds urgency to his warning that a larger hike may need consideration.
U.S. Small-Business Confidence Holds Near Long-Term Average as Tax Concerns Rise
The NFIB Small Business Optimism Index edged down to 97.8 in October, staying near its long-term average, while taxes jumped to the second-most cited problem for owners.
TransDigm Reports 23% Quarterly Sales Growth and Issues Fiscal 2027 Outlook
Fiscal fourth-quarter revenue reached $2.99 billion, while the aerospace-parts supplier forecast up to $12.15 billion in sales for the new fiscal year.
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