A person goes through a note pad while shopping for items at a Costco Wholesale store on September 6, 2023 in Colchester, Vermont. Robert Nickelsberg | Getty ImagesPrices that consumers pay for a wide variety of goods and services increased at a slightly faster than expected pace in September, keeping...
Israeli armuy soldiers deploy at a position near the border with Gaza in southern Israel on October 11, 2023.Menahem Kahana | AFP | Getty ImagesAs Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how a protracted fight could weigh...
The producer price index was expected to show a 0.3% increase in September, according to the Dow Jones consensus estimate.
New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a "historic shortage" of available homes for sale.In a letter...
Attendees arrive at the event campus on the opening day of the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco, on Monday, Oct. 9, 2023.Bloomberg | Bloomberg | Getty ImagesThe International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised...
People pump gas into their vehicles at a Shell petrol station on October 2, 2023 in Alhambra, California. Frederic J. Brown | Afp | Getty ImagesThe U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still below 4% and there are nearly 10 million...
After almost a year and a half of cancelled gatherings and parades due to the COVID-19 pandemic, street life returns to normal at the Brooklyn Puerto Rico Day Parade on June 13, 2021 on Knickerbocker Avenue in the Bushwick neighborhood of Brooklyn, New York.Andrew Lichtenstein | Corbis News |...
The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off in the bond market.The strongest sector for job growth in September was leisure and hospitality, according to the Bureau of Labor Statistics. The 96,000 net jobs gain last month...
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington.Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000, the Labor Department said Friday in...
A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president's handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty ImagesAl Drago | Bloomberg |...