'I’d love to bring sanity back’: Ron Paul says Elon Musk asked him to advise the new Dept. of Government Efficiency — but warns Americans of an ‘urgent threat’ to ...
Former U.S. Congressman Ron Paul is stepping back into the spotlight. Earlier this month, Tesla CEO Elon Musk wrote on X, ...
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
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.
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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Fed's favored inflation gauge edges higher in November
The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data ...
Fed cuts interest rates a third time, points to inflation as challenge for 2025
The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.
US consumer spending rises in November; monthly inflation benign
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
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Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
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 ...
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US: Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
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 ...