U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsides
Tag: financial markets
US job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Read More US job growth slows moderately; unemployment rate rises to 4.1%
Supreme Court Overturns 1984 Chevron V. Natural Resources Defense Council Ruling
The Supreme Court has overturned the 1984 decision in Chevron v. Natural Resources Defense Council, which mandated judicial deference to agencies in cases where the law is unclear.
Read More Supreme Court Overturns 1984 Chevron V. Natural Resources Defense Council Ruling
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall
US consumer prices unchanged in May; rate-cut expectations rise
U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.
Read More US consumer prices unchanged in May; rate-cut expectations rise
U.S. job openings drop in April, as labor market cools
Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021.
Read More U.S. job openings drop in April, as labor market cools