Consumer prices rose at the fastest pace in 30 years in September while workers saw their biggest compensation boosts in at least 20 years, according to new government data released Friday.

Consumer spending also rose in September despite the expiration of enhanced unemployment benefits, the data showed.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Texas woman who sought court order to get an abortion says she will leave the state for the procedure

A Texas woman whose fetus has a fatal diagnosis and who has…

Tencent Posts First Revenue Drop Since 2004 IPO

SINGAPORE—Tencent Holdings nearly two-decade growth streak came to an end after the…

Violence quelled, Russian troops depart Kazakhstan and leave behind version of normality

Buses, banks, shops, markets, cafés, restaurants, coffee shops and fruit stalls have…

Josh Duggar found guilty in child sex abuse image trial

Former reality TV star Josh Duggar was convicted Thursday of downloading and…