Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
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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.
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%.
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.
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget’, survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.
Key Fed inflation measure shows 2.4% rate in November, lower than expected
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.