Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.
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The Federal Reserve Bank of New York says remote work is a driving force behind the rise in unemployment among young college graduates.
The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.
The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.
Prices for the fruits soared nearly 40% in April from a year ago, according to the latest figures from the Bureau of Labor Statistics.
Kevin Warsh, President Trump’s nominee for Fed chair, wants to make big changes at the central bank. Will he succeed?
During his confirmation hearing last week, Warsh hinted at an out-with-the-old-in-with-the-new approach to monetary policy.
A record year for Wall Street bonuses is driving real estate investment, from luxury coastal property to workforce housing in the heartland.
Just 28% of workers say it’s a good time to find a quality job, down from 70% in mid-2022, according to data from Gallup.
The Bureau of Labor Statistics said Wednesday that the producer price index rose 0.7% month-over-month in February, higher than expected.
Markets are pricing in practically no chance of a rate cut when officials meet later this month, according to the CME Fedwatch.
Job gains are heavily concentrated in healthcare and social assistance, which added 125,000 jobs last month for the lion’s share of new gigs.
Hiring in January was not just slower than expected, according to ADP. It was way, way, way slower than expected.
Planners and investors are sticking to portfolio targets and rebalancing after years of strong stock market gains, according to Vanguard research.
Credit card issuers are enticing big spenders with luxurious perks and prestige brands, funded in part by fees that are higher than ever.