Samantha McCloud, 16, left, Victoria Garcia, 16, Jessel Rincon, 16, at college and career fair at Temple City High School on Saturday, Oct. 21, 2023 in Temple City, CA.Irfan Khan | Los Angeles Times | Getty ImagesAfter receiving a graduate degree, Julianna Larock was bombarded with news about the...
A bartender prepares drinks in Le Central restaurant in San Francisco, California, US, on Tuesday, May 7, 2024. David Paul Morris | Bloomberg | Getty ImagesPrivate job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market.The payroll...
Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve more impetus to start lowering interest rates.The Labor Department's Job Openings and Labor Turnover Survey showed that the level of employment vacancies slipped to 8.06 million for...
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by the Federal Reserve.The personal consumption expenditures price index excluding food and energy costs increased just 0.2% for the period,...
People shop at a supermarket in Montebello, California, on May 15, 2024. Frederic J. Brown | AFP | Getty ImagesInflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to show more of that creeping progress.The Commerce Department's measure of personal...
Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Michael M. Santiago | Getty ImagesInvestors likely will have to sweat out a summer during which it looks increasingly improbable that the Federal Reserve will be cutting interest...
Rows of new Tesla cars are seen in a holding area near a customer collection point on April 15, 2024 in London, England.Leon Neal | Getty ImagesSoaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way,...
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | ReutersGovernment debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington.The federal IOU is now at $34.5...
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent.The consumer price index, a broad measure of how much goods and services cost at the cash register, increased 0.3% from...
People shop in the food section of a retail store in Rosemead, California, on January 19, 2024. Frederic J. Brown | AFP | Getty ImagesInflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on...