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Breaking News: Economy
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Breaking News: Economy
Economy
Editor
18 Mart 2023
Payrolls rose 311,000 in February, more than expected, showing solid growth
Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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…
Economy
Editor
18 Mart 2023
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,…
Economy
Editor
17 Mart 2023
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…
Economy
Editor
17 Mart 2023
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,…
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