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US financial news live updates: Fed rate decision, CPI, Social Security payments, SNAP benefits... - AS USA

US Financial News: Latest Updates

Headlines: Thursday, 15 June 2023

- Initial unemployment claims remained steady at 262,000 last week

- Retail sales unexpectedly rise 0.3% in May

- Stocks surged on Thursday, Dow, Nasdaq and S&P 500 close at highest level in 14 months

- Federal Reserve holds rates steady in June, but signals two more rate hikes in 2023

- The Consumer Price Index tracks a 0.1 percent increase in prices in May

- Wages are falling in these US cities

- Housing market cools in a fifth of US' largest metro areas

- The strength of the US dollar, explained

- Food shortages could lead to increases in prices once again later this year

- The rules regarding using your 401(k) to purchase your home

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