Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market. For the Federal Reserve, which was already signaling a slowdown in rate cuts,
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.
And some on Wall Street think this report may have ... "Inflation is stuck above target, with upside risks." Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs ...
Wall Street stocks fell, with the broad S&P 500 off 1.7 per cent and the tech-heavy Nasdaq Composite down 2.3 per cent. The S&P 500 fell to its lowest since the November 5th US election, erasing a rise over the period of as much as 5.5 per cent, according to FactSet data.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
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Rise In Food Prices Goes Beyond Eggs: Here’s Rundown
Eggs are not the only food product seeing a sharp increase in prices.December grocery prices were nearly 28 percent higher than five years ago, reflecting how much harder families are finding it to manage their everyday expenses,
This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, sparking optimism about the Federal Reserve’s path for interest rates in 2025. The Consumer Price Index (CPI),
Newly inaugurated President Donald Trump has fired another shot in the ongoing battle over remote work, requiring federal employees to return to their offices.
I think if we try for $2 trillion, we’ve got a good shot at getting 1 [trillion],” Musk said in a January interview.