Inflation rose 2.4% last month — higher than expected

Inflation was higher than expected last month, dampening hopes for another big rate cut by the Federal Reserve next month. The Consumer Price Index rose 2.4% in September from a year earlier, slightly ahead of economists' expectations for a 2.3% rise, the Labor Department said Thursday. Month-on-month, the CPI rose by 0.2%, which was significantly […]

Wall Street bonuses expected to jump in 2024 after staying flat last year

Wall Street bonuses are expected to increase by 7.4% in 2024 as the banking industry recovers, according to one study. report published New York State Auditor Thomas DiNapoli said Wednesday. The increase in bonuses is expected to be the first significant increase in the industry's bonus pool after being relatively flat from 2022 to 2023, […]

Rangers’ Jimmy Vesey expected to miss time with injury

The Rangers' forward corps has taken the latest blow after the defensive corps lost Ryan Lindgren for several weeks. Before the Blueshirts lost 3-1 to the Devils in their fourth preseason exhibition game, head coach Peter said Jimmy Vesey is expected to miss several weeks with a lower-body injury he sustained during Sunday's practice. Laviolette […]

Major East Coast ports expected to see disruptions due to strike

Gene Seroka, executive director of the Port of Los Angeles, discusses important issues surrounding the impending port strike on Kabuto: Coast to Coast. Thirty ports along the East Coast and Gulf Coast face the possibility of work stoppages as new contracts between port employers and longshoremen expire. Tens of thousands of longshoremen could walk off […]