Ginny Koselda

The Wall Street Journal says the request is likely to delay what it's already expected to be a lengthy merger review process.

The Union Pacific-Norfolk Southern merger will create a single company controlling coast-to-coast rail shipments for the first time in U.S.

history.

Ginny Koselda, Fox News.

Prices rose in December at a modest three tenths of a percent as measured by the Consumer Price Index.

Excluding food and energy, the increase was two tenths of a percent.

For the year ending in December, the CPI was up 2.7 percent.

2.7 matches the November number and is tied for the lowest inflation measured by the CPI since May.

CPI was up 2.6% on an annual basis, excluding food and energy.

Both core readings came in below forecasts.

The CPI has improved significantly from a peak of 9.1% in June of 2022.

Ginny Koselda, Fox News.

There were 50,000 new jobs created last month.

Economists were predicting 60,000.

The unemployment rate improved, declining to 4.4%.

The forecast was for 4.5%.

And there were revisions to recent reports.

The November unemployment rate has been changed to 4.5%, not as weak as first reported.

However, October and November job growth was revised down by 76,000.

This is the first monthly report to be released on time since the August numbers came out in early September before the government shutdown.