Inflation won't be fixed quickly with the job market still red-hot.
The core personal consumption expenditures price index rose 0.2% in October, slightly below the estimate. The index increased 5% year over year.
Wednesday's ADP report shows private hiring down in the U.S., a sign the tight labor market may be loosening.
Nebraska will cull more than 1 million chickens after latest bird flu outbreak.
Americans with student loan debt may get a reprieve from payments through August under a plan announced on Tuesday by President Joe Biden, who said the timeline would give the Supreme Court a chance to hear a challenge to his policy.
The improvement in the U.S. trade balance that followed the surge of energy exports is a mixed blessing for the U.S. economy.
Bitcoin traded at about $16,500 per unit on Thursday, down from $45,000 in September 2021 when El Salvador adopted the cryptocurrency, and some $68,000 two months later -- its highest historic value.
Mortgage rates dipped to around 6% last week, in the biggest decline since 1981.
Jobless claims fell last week, pointing to a labor market that remains strong.
The gathering will serve as the culmination of multiple ministerial meetings, working groups, and engaged forums focused on global health, sustainable energy, and digital transformation that have taken place over the past year.
Food inflation may never actually go away.
Inflation rose 7.7% for the year ending October, a smaller-than-expected increase signaling the economy may be cooling, a Labor Department report showed Thursday
Zero interest rates are a policy of the past for most central banks worldwide, but not for the Bank of Japan.
While the full results of the midterm elections may not be known for days or even weeks, traders and investors raised their bets on stocks on the prospect of a divided legislature.
Equity valuations are heading higher when the Fed is in an interest rate easing cycle. Thus, it's an ideal time to be on the long side of the equity market.
Jobs in the U.S. grew in October, albeit at a slower rate than the previous month, a new BLS report showed.
A technological leap is critical for emerging market economies to overcome two problems they encounter after years of reliance on foreign technology and cheap domestic labor for growth: the middle-income trap and the Lewis point.
The Federal Reserve on Wednesday approved another 0.75 interest rate hike in a bid to stifle unyielding inflation.
Phillips 66, one of the biggest U.S. energy firms, saw its third-quarter revenues grow amid rising oil prices.
According to FRED data from the Federal Reserve Bank of St. Louis, annualized monthly inflation peaked last June at 12.83% and has been falling since then.
According to some estimates, interest rate hikes can take up to 18 months to affect the economy. Thus, the ECB may want to pause and see how the recent interest rate hikes will impact the eurozone economy before its next move.
Two Long Island restaurant owners share their tips for beating inflationary pressure.
Wall Street has bucked the trend of bad news even as the economy starts to slow
U.S. mortgage rates reached the 7% threshold last week, a high not seen since 2002.
The Brotherhood of Railroad Signalmen has rejected a tentative labor deal, raising concerns about whether a rail strike could ensue before the upcoming holiday season.
South Korea's economy has seen slow growth due to rising interest rates and lower exports in the third quarter.
Is it time for traders and investors to go bargain hunting or wait on the sidelines for the worst yet to come?
China has delayed the release of GDP and trade data ahead of President Xi Jinping's expected third-term confirmation.
Gas prices have fallen across the US by as much as 30 cents per gallon. Biden Oil Deal and increased supply a contributing factor.
After soaring through much of 2022, rent dipped in September. Here are the 10 cities that saw the biggest drops.