Deal-hunting Americans shrugged off sky-high inflation on Black Friday, spending in record-breaking numbers online even as brick-and-mortar stores enjoyed the
The October price data may prove to be an inflection point in the battle to tame inflation. The Consumer Price Index (CPI) rose 0.3% and 7.7% on a month-to
The nation’s economy expanded by an estimated annualized rate of 2.6% in the third quarter. That followed two quarters of contraction and lifted sentiment about
Inflation remains elevated and has shown minimal signs of easing. This was evident in the September reports on producer (wholesale) and consumer prices. Indeed
The inflation situation remains problematic. The August reading on consumer prices came in stronger than expected, with the core-Consumer Price Index (CPI)
U.S. nonfarm payrolls increased by 315,000 in August. That figure exceeded the consensus expectation by about 5%. The newest gains brought the estimated total
U.S. employers added a healthy number of jobs in August and a steady stream of people entering the workforce lifted the unemployment rate, suggesting some
Investors remain focused on the impact of the Federal Reserve’s fight against inflation. Although prices have risen at a pace not seen for decades, recent signs