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Wall St rises after CPI data but Fed concerns persist

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Consumer prices rise moderately in November Growth, real estate stocks climb as yields fall Modern surges on upbeat trial data Dow up 0.3%, S&P 500 up 0.73%, Nasdaq up 1.01% NEW YORK, Dec 13 (Reuters) – US stocks rose on Tuesday after an unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could … Read more

US weekly jobless claims at 3-month high; equipment spending resilient

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Weekly jobless claims increase 17,000 to 240,000 Continuing claims rise 48,000 to 1,551 million Core capital goods orders rebound 0.7% in October Shipments of core capital goods surge 1.3% WASHINGTON, Nov 23 (Reuters) – The number of Americans filing new claims for jobless benefits increased to a three-month high last week amid rising layoffs in … Read more