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Federal Reserve’s Preferred Inflation Gauge Shows Price Pressures Eased Last Month

Federal Reserve’s Preferred Inflation Gauge Shows Price Pressures Eased Last Month

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Prices rose just 0.1% from October to November. Excluding the volatile food and energy categories, prices also ticked up just 0.1%, after two months…MORE

Amazon Workers Are Striking At Multiple Facilities.

Amazon Workers Are Striking At Multiple Facilities.

Amazon workers affiliated with the Teamsters union are on strike for a second day at seven of the company’s delivery hubs just days before Christmas. At midnight on Saturday, the Teamsters say workers at a prominent unionized warehouse in New York will also join. The union has not indicated how many employees were participating in…MORE