The Petersburg Post

Thursday, Nov 20th, 2025 - Employers across the U.S. added 119,000 jobs in September, marking a pickup after previous employment data had shown a slowdown in hiring. The report marks the first official job tally since the  government shutdown ended last week, ending a six-week blackout on labor data. The numbers Economists had forecast payroll gains of 50,000 jobs in September, according to a poll by FactSet.  The unemployment rate ...

Thursday, Nov 20th, 2025 - Despite a prolonged government shutdown that lasted throughout the month, October still saw a slight increase in existing-home sales, according to the latest data from the National Association of Realtors® (NAR).  NAR's October Existing-Home Sales report found that sales grew 1.2% to a rate of 4.10 million, slightly down from the 1.5% growth seen in September . Sales were also up 1.7% year-over-year, a ...

Thursday, Nov 20th, 2025 - Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S.  job growth in September , many forecasters think the Federal Reserve is likely to hold off lowering borrowing costs when policy makers meet next month. The probability of a Federal Reserve rate cut now stands at 22%, down from a likelihood of 97% as of ...

Thursday, Nov 20th, 2025 - Shoppers are still flocking to Walmart . The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market share of higher-income households. The biggest retailer and grocer ...