Here’s where the jobs are for July — in one chart
Hiring in the U.S. decelerated notably last month, particularly in the information and financial sectors which saw job losses. In…
Category: Economy
U.S. stock and bond markets love Trump’s pick of Bessent for Treasury — here’s why
The U.S. stock market reacted positively to President-elect Donald Trump’s likely choice for Treasury secretary, who expressed optimism about strong…
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
Federal Reserve officials will receive the most recent update on their preferred inflation gauge on Friday, potentially impacting the September…
Friday’s jobs report for August is going to be huge. Here’s what to expect
Wall Street is preparing for a significant economic release on Friday, as the Labor Department is set to publish a…
Jobless rate ticks higher in October for white Americans, bucking the broader trend
The unemployment rate for white Americans increased slightly in October, as per data released by the Department of Labor on…
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Inflation remains persistently above target, with the economy growing at a rate of about 3% and a robust labor market.…
Jobless rates fall in July for Asian Americans, bucking the overall trend
The unemployment rate for Asian Americans decreased from June to July, which was contrary to the general trend, as per…
Wholesale prices rose 0.2% in August, in line with expectations
Wholesale prices increased in August as expected, marking the final inflation data point before the Federal Reserve’s anticipated interest rate…
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…