Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
June wholesale prices rise less than expected in another encouraging inflation report
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…
Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases
Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration…
Biden advisor defends stimulus and inflation surge: ‘The real cause was the global pandemic’
The Covid-19 pandemic, rather than Joe Biden’s economic policies and stimulus packages, is the “real cause” of high inflation, according…
Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession
Chicago Federal Reserve President Austan Goolsbee said Friday he’s confident inflation can be tamed without a recession, even with additional…
The unemployment rate among Black workers increased in June for the second month in a row
The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to…
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls…
Payrolls report Friday likely to show a jobs market that is still hot
The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…
Job openings fall by half a million
There were about half a million fewer job openings in May than the previous month, providing at least a modest…
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says
The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected,…
