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Hiring Cools, but Only Slightly as Labor Market Keeps Chugging Along
The Fiscal Times via Yahoo Singapore Finance· 1 year agoU.S. employers added 236,000 workers and the unemployment rate dropped a tenth of a percentage point...
As pandemic 'jobs hole' closes, Fed finds labor market easing elusive
Reuters via Yahoo Singapore Finance· 6 months agoThe U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed...
Goldilocks Labor Market Keeps Rolling Along as Unemployment Rate Drops to 3.4%
The Fiscal Times via Yahoo Singapore Finance· 1 year agoThe U.S. labor market just won’t quit. Employers added another 253,000 jobs in April, the Bureau of...
US inflation slowed more than expected in March
Quartz via Yahoo News Singapore· 1 year agoIn March, US consumer prices saw a modest 0.1% increase, falling short of the 0.2% rise economists had expected. This marks the ninth consecutive month...
Inflation slowed in February—another reason for the Fed to slow rate hikes
Quartz via Yahoo News Singapore· 1 year agoUS consumer prices rose by 0.4% from January to February, while the year-on-year rise in prices...
Record US construction jobs are fueling housing market recovery hopes
Quartz via Yahoo News Singapore· 1 year agoWith nearly 8 million Americans employed in construction, there’s no sign that workers who should...
The Biden administration made $66 million in its first oil trade
Quartz via Yahoo News Singapore· 1 year agoThe Biden administration scored a $66 million profit in its first oil trade after releasing millions...
Fed officials predict interest rates hikes until 2023
Quartz via Yahoo News Singapore· 2 years agoThe US Federal Reserve raised interest rates by another 75 basis points on Wednesday, with officials...
US inflation is once again about used car prices
Quartz via Yahoo News Singapore· 1 year agoFor three years now, used cars have been at the center of inflation dynamics in the US. In 2020, there were several months where used cars kept the US...
The US inflation slowdown isn't coming from the Fed's rate hikes
Quartz via Yahoo News Singapore· 2 years agoRecent US inflation data has been a win for team transitory—the economists who predicted that...