Breaking News: Markets

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.…

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…

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…

Job openings declined in January but still far outnumber available workers

Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…

Here’s where the jobs are for February 2023 — in one chart

The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors…

Just like that: Market pricing swings back to quarter-point Fed rate hike

It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its…