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…
Haley, DeSantis clash over Disney and government’s role in business
WASHINGTON — Florida Gov. Ron DeSantis and Nikki Haley butted heads Wednesday night over the role of government in regulating…
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail…
Biden slams Trump as ‘revealing twisted true colors’ after Trump says he hopes economy crashes in 2024
The White House took aim at former President Donald Trump after the Republican presidential candidate front-runner said he hoped the…
U.S. slams ‘meritless’ Israel genocide suit, reigniting tensions with South Africa
South Africa’s genocide accusation against Israel has placed further strain on an already frayed relationship with the U.S. and could…
U.S. companies in no hurry to disclose ownership under new Treasury rule
WASHINGTON — Treasury Secretary Janet Yellen on Monday announced that just one week after a major new reporting requirement went…
Top Goldman Sachs analyst says the world is moving into a new super cycle
The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to…
Here’s where the jobs are for December 2023 — in one chart
The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment…
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data…
St. Louis Fed names former Tudor executive Alberto Musalem as new president
Economist Alberto Musalem was named the next president and CEO of the Federal Reserve Bank of St. Louis on Thursday.…
