April’s consumer price index report expected to show inflation has already peaked
April's consumer price index may show inflation has reached its height.
Private payrolls increased by 247,000 in April, well below the estimate, ADP says
Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate.
Weekly mortgage demand rose for the first time since early March last week, but it won’t last
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the MBA's seasonally adjusted index.
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
Wednesday's rate hike will push the federal funds rate to a range of 0.75%-1%.
Worker output fell 7.5% in the first quarter, the biggest decline since 1947
Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared.
‘Unretirement’ is becoming a hot new trend in the sizzling U.S. labor market
The level of workers who retired then came back a year later is running around 3.2%, just about where it was before the pandemic.
Regulators propose first major revamp to fair housing rules since 1995
The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."
Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong
Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was 3.6%.
Here’s where the jobs are — in one chart
Hiring in the manufacturing, transportation and health-care sectors helped the U.S. economy add more than 400,000 jobs in April.