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US weekly jobless claims edge higher, Q1 labor costs revised lower
Reuters via Yahoo Finance· 11 hours agoThe labor market has been steadily rebalancing back toward pre-pandemic levels after the Fed raised...
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance· 6 days agoApril's reading marked the slowest month-over-month increase for the index of 2024. Oxford Economics...
U.S. Labor Productivity, Costs Increase Less Than Previously Estimated In Q1
RTT News· 10 hours agoRevised data released by the Labor Department on Thursday showed U.S. labor productivity increased by slightly less than previously estimated in the first quarter of 2024.
Wall Street sours over lack of 2024 interest rate cuts
Courthouse News Service· 6 days ago“Our view is that the Fed would rather keep rates higher for longer to ensure that inflation comes...
The Fed’s favorite inflation gauge showed little progress last month – KION546
KION 46 Salinas· 6 days agoThe Personal Consumption Expenditures price index — a closely watched inflation gauge that the Fed...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 7 days agoRetail sales were also dragged down by a 1.2% drop in online business, reflecting a new sales event at Amazon and the earlier timing of Easter this year, according to Michael
Job market shows signs of slowing
Newsweek· 1 day agoPrivate employers added fewer jobs in May, data from the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, a slower pace of...
US Economy News Today: Increased Home Building Couldn’t Lift Construction Spending in April
Investopedia· 3 days agoThe economy is putting the squeeze on low earners in several ways. The recent slowdown in the labor...
Auto sales climb for 4th straight month, but high interest rates discourage buyers
Market Watch· 3 days agoSales of new cars and trucks in the U.S. rose in May for the fourth month in a row, to their highest...
