Data showed the number of Americans filing new claims for unemployment benefits fell last week to a 16-month low, while worker shortages and bottlenecks in the supply chain have frustrated efforts by businesses to ramp up production to meet strong demand for goods and services.Federal Reserve Chair Jerome Powell told lawmakers he anticipated the shortages and high inflation would abate.
"People are very nervous and concerned about inflation, tax rates and the election. Those three things are very much on people's minds," said 6 Meridian Chief Investment Officer Andrew Mies, describing recent phone calls with his firm's clients.
I wish everyone can be like you Sir I haven't lost since you have been managing my trading account, I love you so much Geoffreypreud
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »