Payrolls rose 339,000 in May, much better than expected in resilient labor market
The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds,…
Here’s what to watch out for in Friday’s jobs report for May
Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…
Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday that provides more hope that…
Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well…
Fed Governor Waller casts doubt on need to conduct climate change tests for banks
Federal Reserve Governor Christopher Waller on Thursday cast doubt on the need for special focus on how banks are preparing…
UK economy grows by 0.1% in the first quarter but inflation continues to weigh
LONDON — The U.K. economy grew by 0.1% in the first quarter, following an unexpected contraction in March, official figures…
Shifting to life post-Covid: How remote work transformed this city in the Midwest
Lansing, Michigan may never be the same. The city of just over 110,000 residents, known for its towering state capitol…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Consumers barely kept up with inflation in April, as retail sales increased but fell short of expectations, the Commerce Department…
Bank of England governor says the UK is facing a wage-price spiral
LONDON — After more than a year of warnings, Bank of England Governor Andrew Bailey says the U.K. is now…
