Layoffs rise to the highest for any February since 2009, Challenger says
More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest, CA on Wednesday, February 21,...
ADP jobs report February 2024
Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday. Companies added 140,000 positions for...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Euro zone inflation February 2024
A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa...
January PCE inflation report could get a lot of market attention on Thursday
With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on...
Key inflation measure rose 0.4%
Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates cutting interest rates. The personal...
Economists see brighter outlook for 2024. Here’s why.
The U.S. economy is having what some experts are calling a “Goldilocks” moment. A panel of economists expect this year to be characterized by faster...
China’s woes won’t slow US economy, but excess capacity a concern, says Treasury’s Adeyemo By Reuters
[ad_1] © Reuters. U.S. Deputy Treasury Secretary Wally Adeyemo speaks at the Royal United Services Institute in London, Britain, October 27, 2023. REUTERS/Hannah McKay/File Photo...
Long Read: The beginning of the end for the US dollar’s global dominance.
The US dollar has been the global reserve currency for over 70 years, enhancing American financial and economic power. Robert Wade writes that the weaponization...
Retail sales January 2024:
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday. Advance retail sales declined 0.8%...