Friday’s jobs report was “even more important” than normal as the market adjusts its assessment of the direction of the economy.
A look at some of the key business events and economic indicators upcoming next week. Inflation barometer The Labor Department releases its producer price index for December on Tuesday. The index measures inflation at the wholesale level,
The U.S. Department of Labor said it entered an agreement with JBS USA in which the meatpacker will provide $4 million to assist individuals and communities affected by unlawful child labor practices nationwide.
WASHINGTON, Jan 14 (Reuters) - The United States has banned imports from another ... mining and solar companies, the Department of Homeland Security said on Tuesday. The companies include Huafu ...
"Chances of Disability." United States Department of Labor. "What's the Difference?" Page 1. American Pregnancy Association. "Maternity Leave." National Partnership for Women and Families.
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The Federal Reserve has hinted at two rate cuts in 2025. If growth slows, the Fed could possibly reduce rates to support growth. Expect the US to have stronger growth than other economies based on demographics and productivity. Deregulation and tax cuts are two additional forces that could add to growth.
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared to a year earlier, producer prices were up 3.3%, down from 3.4% year-over-year increase in November.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
The dollar index was weaker and DHF Capital said persistent inflation could support the currency, with expectations of a hawkish Fed benefiting the dollar, adding that Wednesday’s. inflation data and comments from Fed officials should provide clarity on the 2025 monetary policy outlook.
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy