US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly ...
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...
The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid ...
Moreover, data from the Bureau of Labor Statistics showed that year-over-year real average hourly earnings growth dropped for 25 consecutive months. Average hourly pay has outpaced inflation since ...
But what appeared to be a hot job market was actually a symptom — not the cause — of the recent bout of inflation, according to new research that explored the consequences of unexpected rising prices ...