Bureau of Labor Statistics

Energy

US Crude Slides Toward Worst Year Since 2018

Photo by Getty Images via Unsplash

Correspondingly, Americans are enjoying the lowest prices at the pump in about 4 years, according to driver’s association AAA.

2 min read

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

Indicators

Mixed Message to Fed: Layoffs, Job Openings Increase Simultaneously

The number of available positions climbed to 7.67 million in October, according to the JOLTS report, good for the highest mark in five months.

2 min read
Photo via Kyodo/Newscom

Economics

Traders Say a December Rate Cut Is Coming. The Fed Isn’t so Sure

Ahead of the Federal Open Market Committee’s meeting Wednesday, the CME Group’s FedWatch tool has the odds of a quarter-point cut at 87%.

1 min read
Photo via BONNIE CASH/UPI/Newscom

Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read

Inflation & Prices

Bummed Consumers Predict Shrinking Labor Market, Spiking Inflation

Photo via Richard B. Levine/Newscom

Whatever they say, consumers’ actual spending has remained rock solid, even if sentiment is yet to return to prepandemic levels.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.