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…
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…
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…
Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the…
Consumer debt hits record $16.9 trillion as delinquencies also rise
Consumer debt hit a fresh record at the end of 2022 while delinquency rates rose for several types of loans,…
Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank…
Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to raise interest rates considerably higher,…
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…
Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…
