The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Read More US consumer confidence retreats slightly; house prices remain elevated
Tag: Labor Department
Inflation Slows In May, Fed Holds Interest Rates Steady
Inflation Slowed in May According to the Consumer Price Index Out Today.
Read More Inflation Slows In May, Fed Holds Interest Rates Steady
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
US weekly jobless claims edge higher, Q1 labor costs revised lower
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
Walmart to pay US hourly store workers bonuses for first time ever
Both part-time and full-time associates will be eligible for the annual bonus program, the idea for which came from feedback from store workers.
Read More Walmart to pay US hourly store workers bonuses for first time ever
Report: U.S. Jobless Claims Increase To Highest Level Since August
Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show.
Read More Report: U.S. Jobless Claims Increase To Highest Level Since August