The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.
Read More US weekly jobless claims edge higher, Q1 labor costs revised lower
Tag: inflation
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
Inflation Concerns Outweigh Trump Indictments In Voter Priorities
Donald Trump seems to keep bouncing back after every effort to bring him down, the indictments, the conviction. Why is that? When you check the polls to see what issues matter most to voters, inflation tops the list.
Read More Inflation Concerns Outweigh Trump Indictments In Voter Priorities
Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
Read More Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Consumer Confidence Report Breaks Losing Streak
The Consumer Confidence Report – out today – broke a three-month losing streak. It rose to 102 in May, up from 97.5 in April. Meanwhile, the “Expectations Index” also rose slightly to 74.6, up from 68.8 last month.
Read More Consumer Confidence Report Breaks Losing Streak
Corporation Price Gouging Hidden Under Inflation in Biden’s America
We may have reached a tipping point in the corporate price gouging scheme that has been running rampant in Biden’s America.
Read More Corporation Price Gouging Hidden Under Inflation in Biden’s America