That day, the U.S. Bureau of Labor Statistics releases the Consumer Price Index in a report that breaks down the inflation rate across various categories. It will let us look at how prices went up in different industries, ranging from energy to food to utilities and many other goods and services.
He added, “The time for moderating the pace of rate increases may come as soon as the December meeting.”, numbers showed inflationary pressure on the U.S. economy was easing. The CPI index rose 0.4 percent in October, the same as in September, and about 7.7 percent ahead of 2021 numbers. BLS reported that the core CPI, which excludes food and energy prices, increased by 0.3 percent from the previous month. The core measure dropped 6.3 percent from what was the highest in 40 years.
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Oracle selling part of Silicon Valley campus - Silicon Valley Business JournalThe enterprise software giant has quietly put up for sale a 53-acre site located just up the road from Intel Corp.'s headquarters.
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Oracle selling part of Silicon Valley campus - Silicon Valley Business JournalThe enterprise software giant has quietly put up for sale a 53-acre site located just up the road from Intel Corp.'s headquarters.
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Mastro's Steakhouse to open at Westfield Valley Fair Wednesday - Silicon Valley Business JournalThe upscale seafood and steak restaurant is the first San Jose location for Houston-based Mastro's Restaurants.
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Tigo Energy plans to go public in $730 million SPAC merger - Silicon Valley Business JournalThe 15-year-old company Tigo Energy is the latest to say it's headed to Wall Street. Plus, a roundup of other funding and M&A news from Bay Area startups.
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Meet the Bay Area's newest Michelin star restaurants - Silicon Valley Business JournalSix restaurants in San Francisco lost their starred status on this year's Michelin Guide.
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Apartment cooldown continues nationally as rents drop for third consecutive month - Silicon Valley Business JournalAmong larger metropolitan areas, tech-centric cities are seeing more pronounced apartment rent declines, which could be correlated with job losses being disproportionately felt in those places.
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