Producer prices came in higher than expected today, so did the consumers prices earlier this week. Producer prices show what producers pay to make goods, which ultimately affects consumers.
Read More Inflation Readings Come in Hotter-Than-ExpectedTag: David Stryzewski
Unpacking The December Jobs Report: Beneath The Surface, Reasons To Question The Optimism
The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000.
Read More Unpacking The December Jobs Report: Beneath The Surface, Reasons To Question The OptimismEconomic Update: GDP Revised Down To 4.9% In Q3
In the latest economic update, our GDP, encompassing all the goods and services we produce, increased by 4.9% in Q3 this year, revised down from the initial 5.2%.
Read More Economic Update: GDP Revised Down To 4.9% In Q3Federal Reserve Holds Interest Rates Steady for Second Consecutive Time
The Federal Reserve decided to pause interest rate hikes for the second time in a row, keeping the federal funds rate within a range of 5.25% to 5.5%.
Read More Federal Reserve Holds Interest Rates Steady for Second Consecutive TimeJuly Jobs Report: 187,000 New Jobs Added; Unemployment Rate Drops to 3.5%
The July monthly jobs report is out, showing that U.S. employers added 187,000 jobs. The unemployment rate also decreased from 3.6% to 3.5%.
Read More July Jobs Report: 187,000 New Jobs Added; Unemployment Rate Drops to 3.5%CEO of Sound Planning Group provides more context on the new jobs report and debt ceiling stalemate
The monthly jobs report for April is better than expected. U.S. employers added 253,000 jobs last month
Read More CEO of Sound Planning Group provides more context on the new jobs report and debt ceiling stalemate