Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July…
Here’s where the jobs are for January 2023 — in one chart
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment.…
Black women are gaining ground in the labor market but still face unique barriers
A decrease in the unemployment rate of Black women is heartening, but labor experts warn that the trend shouldn’t create…
Here’s where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market. “Rolling…
Inflation report due Tuesday has the potential to deliver some bad news
Just as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that narrative. All market…
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…
Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor…
Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon
The coming months will be critical in figuring out how Russia’s economy is holding up in the face of a…
Retail sales jump 3% in January, smashing expectations despite inflation increase
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales…
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Bans and price caps targeting Russian oil are having the “intended effect” despite surprisingly resilient production and exports in recent…
