Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do.
Soaring payroll growth and low unemployment in December are more than likely to keep the Federal Reserve from cutti ...
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate ...
Wage growth ticked slightly lower last month, helping alleviate concerns about the labor market driving inflationary ...
Retail sector hiring bounced back in December, likely driven by strong consumer spending throughout the holiday season. While ...
November delivered a big jobs rebound following the damaging effects of major hurricanes and labor strikes on October’s ...
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 630 points, or 1.5%, ...
The UK government on Friday announced sanctions against Russian oil giants Gazprom Neft and PJSC Surgutneftegas, saying their profits were "lining Putin's war chest and facilitating the war".
Not only did payroll gains far outpace expectations in December, unemployment also ticked down last month. Unemployment was 4 ...
If 2024 taught anything, it’s don’t bet against the U.S. labor market. Employment was much stronger than expected in December ...
Venezuela's President Nicolas Maduro was sworn in Friday for a third six-year term in office, shunned internationally over claims of voter fraud and repression, but bolstered by a loyal military.