USANEWSBEST

Politics

US worker productivity rises moderately in third quarter; labor costs elevated

WASHINGTON (Reuters) – U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could cast a cloud over the inflation outlook. Nonfarm productivity, which measures hourly output per worker, increased at a 2.2% annualized rate last quarter, the Labor Department’s Bureau of Labor Statistics said on […]

Business & Finance

10-year Treasury yield rises as traders see Trump having edge in election

A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in overnight trading as investors weighed the early results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield jumped 14 […]