The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Trump tariffs to stoke US food inflation despite pledge to lower costs
Most Gulf stock markets ended subdued on Wednesday in the wake of U.S. President Donald Trump's shock statement about taking ...
Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies.
Breaking: US Nonfarm Payrolls rise by 143,000 in January vs. 170,000 forecast
If the headline NFP figure shows a payroll growth below 150,000, the US Dollar downtrend could gain traction with the initial ...
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No clear signal for Fed as unemployment rate drops to 4%
Employers added fewer workers than anticipated last month, but upward revisions to previous estimates drove down the jobless ...
Trump inherits a labor market at full employment. Can he keep it there?
Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
WA Labor has thumping Newspoll lead a month before election; federal Labor improves
Labor is in a strong position ahead of the WA election, while federal Labor has also received some better news from the ...
Hutchinson School Board stares down new budget cuts
For the third year in a row, Hutchinson Public Schools may have to make cuts to keep its budget in line in the face of declining enrollment, inflation and growing expenses. At a quarterly meeting last ...
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Hawkish Jobs Report, Higher Inflation Expectations Sink Fed Rate-Cut Odds; S&P 500 Reverses Lower (Live Coverage)
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on ...
US economy added 143,000 jobs in January
The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.