Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers' spending power.
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Siegel no longer thinks it's vital for an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively.
Trump says he should get a say on Federal Reserve interest rate decisions
The comments seem to reinforce reporting earlier this year that advisors close to Trump are looking at a host of changes for the Fed.
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance were expected to total 240,000 for the week ending Aug. 3.
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
U.S. inventories "are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing."
‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
America's youngest workers have not only kept, but continued building on, big wage gains seen during the pandemic.
Jobless rates fall in July for Asian Americans, bucking the overall trend
The unemployment rate fell to 3.7% from 4.1% for Asian Americans in July.
Here’s where the jobs are for July — in one chart
Hiring in the U.S. slowed significantly last month with information and financial sectors leading the job losses.
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Nonfarm payrolls were expected to increase by 185,000 in July, according to the Dow Jones consensus estimate.