The highly anticipated November inflation report showed prices appearing to grow at a far slower rate, surprising analysts and markets after a year of stubbornly rising costs. The consumer price

Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year.

Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.

The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate.

Employers across the U.S. added 64,000 jobs in November, beating economists' forecasts, new government data shows, even as fresh October figures revealed a loss of 105,000 jobs, a sign the labor market remains under pressure. The unemployment rate in November rose to 4.6%, the highest level since September 2021.

Existing home sales edged slightly higher as prices continued to rise and supply dropped. The higher end of the market is performing better.

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Already shaky job market weakened in October and November, according to delayed federal data The United States shed 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics said Tuesday, lifting a monthslong fog that had shrouded the labor market.