Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Job listings in the United States in 2021 grew plentiful while unemployment was low. To many policymakers and academics, the labor market looked hot. In a working paper published with the National ...
Gold prices extended their extraordinary gains, with bullion prices surpassing their inflation-adjusted record set more than 4 decades ago. Spot gold prices rose 0.1% on the session to $3,656.40 an ...
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an ...
US inflation heated up in August as tariffs started to drive up prices – although not enough to discourage bets that the Federal Reserve will start cutting interest rates next week. The Consumer Price ...
Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the ...
Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points to growing ...
Fed Chair Jerome Powell has warned of a tariff-induced price hike. Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff ...
Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...
Inflation remained sticky in August, with CPI inflation coming in at 2.9%. Goods prices increased for the month, which analysts say is evidence of the impact of President Donald Trump’s new tariffs.
The Bureau of Labor Statistics released the latest reading of the consumer price index earlier today. Here are the major takeaways from the report:. Overall YoY: +2.9%, in line with expectations and ...