Economy Consumer spending jumped in July as retail sales were up 1%, much better than expected August 15, 2024 Retail sales were projected to increase 0.3% in July, according to the Dow Jones consensus estimate.
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1% Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast. Editorial TeamJanuary 10, 2025
Friday’s jobs report could present a mixed view of the labor market. Here’s what to expect Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising... Editorial TeamJanuary 9, 2025
Private sector companies added 122,000 jobs in December, less than expected, ADP says Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years. Editorial TeamJanuary 8, 2025
Trump could declare national economic emergency to justify universal tariffs, CNN reports The President-Elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports. Editorial TeamJanuary 8, 2025
Services index shows big jump in prices for December as companies fear tariffs The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%. Editorial TeamJanuary 7, 2025
Euro zone inflation rose to 2.4% in December, meeting expectations Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November. Editorial TeamJanuary 7, 2025
