Retail sales rose 0.6% in December, topping expectations for holiday shopping
Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a…
UK inflation rate surprises with rise to 4%, led by alcohol and tobacco
LONDON — U.K. inflation unexpectedly nudged upwards to 4% year-on-year in December, fueled by a rise in alcohol and tobacco…
Fed’s Christopher Waller advocates moving ‘carefully’ with rate cuts
Federal Reserve Governor Christopher Waller acknowledged Tuesday that interest rate cuts are likely this year, but said the central bank…
Deflation: Here’s where prices fell in December 2023, in one chart
As inflation continues to throttle back across the broad U.S. economy, some consumer categories have sunk into outright deflation. In…
Wholesale prices unexpectedly fall 0.1% in December in positive inflation sign
Wholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday. The producer price…
Here’s the inflation breakdown for December 2023 — in one chart
The annual inflation rate edged higher in December following two months of declines. However, that reversal likely isn’t cause for…
Turkish lira hits fresh record low against the U.S. dollar
The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback…
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet…
Private payrolls added 164,000 in December, beating expectations, ADP says
Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient…
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…
