Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
Give Trump some credit. He has no interest in faking empathy, as Biden did so ineptly. In Trump’s playbook, empathy is a ...
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
U.S. investors rattled by this week's sharp tech sell-off will closely watch upcoming jobs data for signs of continued ...
The numbers: Wages and benefits for American workers accelerated in the fourth quarter. The employment-cost index (ECI) increased 0.9% from October to December, the government said Friday. That's up ...
Egg prices in the U.S. have risen 60% over the past year, due in large part to the bird flu ravaging commercial flocks. Here's a look at why experts see the prices continuing to climb.
Jo Craven McGinty is science bureau chief for The Wall Street Journal. Previously, she was senior talent editor for the managing editor. Before that, she spent nearly eight years writing The ...