Wholesale prices rose 0.2% in March, less than expected
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
UK economy posts 0.1% growth in February in further sign of recession rebound
The U.K. economy fell into a recession last year but showed slight growth in January.
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
Taken together, Dimon said the three issues pose substantial unknowns.
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.
Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch
The iconic shoe is getting a lift from Beyoncé's latest album.
Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
Private payrolls added 164,000 in December, beating expectations, ADP says
Private payrolls increased by 164,000 for the month, a substantial rise from the downwardly revised 101,000 in November.
Unemployment dropped among Hispanic men and women in May but rose for Black workers
The U.S. unemployment rate rose overall in May, but declined for Latino workers, according to the latest nonfarm payrolls report.
Here’s where the jobs are for May 2023 — in one chart
Professional and business services led job creation for the month with 64,000 new hires.