U.S. inflation has bubbled up in the past few months, in a worrisome sign, but the bubble could pop by next spring. Source link Jeffry Bartash
The bubble in U.S. inflation is likely to burst soon. Here’s why. Read More »
Food prices post their biggest increase in almost two years. Source link Jeffry Bartash
Egg and beef prices soar again, delivering inflation shock to grocery shoppers Read More »
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week. Source link Jeffry Bartash
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates Read More »
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home. Source link Jeffry Bartash
U.S. businesses created a solid 146,000 new jobs in November, paycheck company ADP said, in another sign the labor market has stabilized after big cooldown over the summer. Source link Jeffry Bartash
U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft spell last summer. Source link Jeffry
Job openings rise and more workers quit in sign of improving U.S. labor market Read More »
The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a recent uptick in prices that could cajole the central bank to cut interest rates less aggressively. Source link Jeffry Bartash
“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of borrowing costs, new documents show. Source link Jeffry Bartash
Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show Read More »
Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season. Source link Jeffry Bartash
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while. Source link Jeffry Bartash
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation Read More »
