Economy

Wholesale inflation rose 0.5% in September, more than expected

A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The…

IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged

The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…

Even as job creation surges, Americans still think the economy stinks. Here’s why

The U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still below 4% and…

Hispanic unemployment rate declines in September

The U.S. unemployment rate held steady in September but ticked down among Hispanic workers, according to data released Friday by…

Here’s where the jobs are for September 2023 — in one chart

The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off…

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest…

Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says

Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according…

Here’s what you need to know about the big jobs report Friday

A strong jobs market could equal a weak stock market if current trends hold up. Friday’s nonfarm payrolls report will…

Happy meal? Steady demand for french fries is good news for U.S. economy

Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the…

Private payrolls rose 89,000 in September, far below expectations, ADP says

Private payroll growth tailed off sharply in September, according to an ADP report Wednesday that provides a counterweight to other…