A person works on a Bowlus recreational vehicle at Bowlus' factory in Oxnard, California, Feb. 23, 2024.Timothy Aeppel | ReutersThe March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the labor market could take greater focus when the Labor Department...
Flat Rock, North Carolina, parked tractor trailer billboard with now hiring, Ingles supermarket. Jeff Greenberg | Universal Images Group | Getty ImagesPrivate sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S. labor market, payrolls processing firm ADP reported Wednesday.Companies added...
Two women hold an umbrella while sitting at an outdoor table of a cafe on April 01, 2024 in Rome, Italy. Emanuele Cremaschi | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published on Wednesday.Economists polled by Reuters...
A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021.Cagla Gurdogan | ReutersTurkey's annual inflation rose to 68.5% for the month of March, an increase on February's 67.1% inflation read, according to the Turkish Statistical Institute's report released...
Key PointsNeuberger Berman portfolio manager Steve Eisman said the Fed would be better off just staying put as the economy shows continuing signs of strength and inflation eases."Why would you cut? My actual fear is that if the Fed were actually to cut rates, the market becomes bubblicious and...
Lynn Curry, nurse practitioner for Huntsville Reproductive Medicine, P.C., lifts frozen embryos out of IVF cryopreservation dewar, in Madison, Alabama, U.S., March 4, 2024. Roselle Chen | ReutersAs legal battles over reproductive rights increase across the U.S., one area that could be impacted is egg freezing.In February, the Alabama state...
Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a measure the central bank considers its more important barometer.The personal consumption expenditures price index excluding food and energy increased 2.8% on a 12-month...
[The stream is slated to start at 8:15 a.m. ET. Please refresh the page if you do not see a player above at that time.]The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index, which the Federal Reserve considers its most important...
Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the central bank's former vice chair said Friday.Richard Clarida, who served as Fed governor until January 2022 and is now a global economic advisor at asset management giant Pimco, said...
Terry Vine | Getty ImagesFalling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study.By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies...