Economy

Hits: 1 Retail sales posted a surprise gain in August despite fears that escalating Covid cases and supply chain issues would hold back consumers, the Census Bureau reported Thursday. Sales increased 0.7% for the month […]

Hits: 4 Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool, the Labor Department reported Tuesday. The consumer price index, which […]

Hits: 4 A customer wearing a protective mask shops inside an Albertsons grocery store in San Diego, California, June 22, 2020. Bing Guan | Bloomberg | Getty Images Tuesday’s report of the consumer price index […]

Hits: 2 Prices that producers get for final demand goods and services surged in August at their highest annual rate since at least 2010, the Labor Department reported Friday. The producer price index rose 0.7% […]

Hits: 1 First-time filings for unemployment claims in the U.S. dropped to 310,000 last week, easily the lowest of the Covid era and a significant step toward the pre-pandemic normal, the Labor Department reported Thursday. […]

Hits: 3 U.S. businesses are experiencing escalating inflation that is being aggravated by a shortage of goods and likely will be passed onto consumers in many areas, the Federal Reserve reported Wednesday. In its periodic […]

Hits: 2 Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies, the Labor Department reported Wednesday. The department’s Job Openings and Labor […]

Hits: 3 Thomas Trutschel | Photothek | Getty Images Now might be a good time for the Federal Reserve to start worrying about inflation. August’s jobs report, besides being a big disappointment on the 235,000 […]

Hits: 4 Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for 720,000 new hires. The […]

Hits: 1 U.S. companies created far fewer jobs than expected in August as the Covid resurgence coincided with cutbacks in hiring, according to a report Wednesday from payroll services firm ADP. Private payrolls rose just […]