WASHINGTON (Reuters) - The number of Americans filing new applications for jobless benefits unexpectedly rose last week and more people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 242,000 for the week ended Dec....

WASHINGTON (Reuters) - U.S. producer prices rose more than expected in November amid a surge in the cost of food, but a moderation in the prices of services offered hope that the disinflationary trend remains in place. The producer price index for final demand jumped 0.4% last month after an upwardly revised 0.3% increase in October, the Labor Department's Bureau...

The inflation measured on U.S. producer prices rose more sharply than anticipated in November, marking its second consecutive increase and casting a shadow over the broader outlook for disinflation in the economy. In November, the producer price index increased by 3% year-over-year — the highest since February 2023 — marking a significant uptick from October’s upwardly revised 2.6% and economist...

WASHINGTON (Reuters) - U.S. producer prices rose more than expected in November amid a surge in the cost of food, but a moderation in the prices of services offered hope that the disinflationary trend remains in place. The producer price index for final demand jumped 0.4% last month after an upwardly revised 0.3% increase in October, the Labor Department's Bureau...