The Labor Department report showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month.
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The latest gains far exceeded expectations and showcased employers’ willingness to keep hiring to meet steady consumer spending.
The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
U.S. regulators and 17 states are suing Amazon over allegations that it inflates prices on and off its platform, overcharges sellers and stifles competition.
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
The dispute with Disney has drawn significant criticism from the governor’s White House rivals and business leaders.
In Las Vegas, nearly a quarter of all flights out of Harry Reid International Airport, or 154 flights, were delayed as of 8:45 a.m.
The Justice Department said the defendants showcased their “extravagant lifestyles” to fool others into thinking they were skilled stock traders.
On a month-to-month basis, the consumer price index rose just 0.1% in November, down from 0.4% in October.
President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.