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Bureau of Labor Statistics

Producer price index November 2024

by Merchant Moller
Producer price index November 2024

A measure of wholesale prices rose more than expected in November as questions percolated over whether progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported Thursday. …

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There’s an important jobs report coming Friday. Here’s what to expect

by Merchant Moller
There’s an important jobs report coming Friday. Here’s what to expect

A pedestrian walks by a ‘hiring now’ sign in front of a U-Haul store on December 03, 2024 in San Rafael, California.  Justin Sullivan | Getty Images After a month …

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Here’s the inflation breakdown for October 2024 — in one chart

by Merchant Moller
Here’s the inflation breakdown for October 2024 — in one chart

A customer walks by a display of fresh eggs at a grocery store on Sept. 25, 2024 in San Anselmo, California. Justin Sullivan | Getty Images Progress in the fight …

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Friday’s jobs report expected to show slowest pace of hiring in years

by Merchant Moller
Friday’s jobs report expected to show slowest pace of hiring in years

Hiring signs outside a Stewart’s gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024.  Angus Mordant | Bloomberg | Getty Images Powerful hurricanes and a major labor …

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U.S. and Asian stocks fall; 10-year Treasury below 4%

by Merchant Moller
U.S. and Asian stocks fall; 10-year Treasury below 4%

U.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. Andreas Arnold | Picture Alliance | Getty Images This report is …

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U.S. stocks fall; 10-year Treasury yield drops below 4%

by Merchant Moller
U.S. stocks fall; 10-year Treasury yield drops below 4%

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.  Johannes Eisele | Afp | …

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Recession risk remains low despite jump in unemployment rate, experts say

by Merchant Moller
Recession risk remains low despite jump in unemployment rate, experts say

People walk past a restaurant, with a hiring sign outside, in Washington, D.C., on Oct. 5, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The unemployment rate, which has remained …

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Friday’s jobs report will be big signal for market seeking good news

by Merchant Moller
Friday’s jobs report will be big signal for market seeking good news

A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. Justin Sullivan | Getty Images When the December jobs …

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Why Fed rate hikes take so long to affect the economy

by Merchant Moller
Why Fed rate hikes take so long to affect the economy

The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate decisions to …

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Best gas credit cards of October 2023

by Mark McDuffie
Best gas credit cards of October 2023

The best gas credit cards earn as much as 5% cash back when you’re filling up your car. EXTREME-PHOTOGRAPHER/Getty Images When you visit the gas station to fill up your …

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