Wells Fargo’s Sarah House: ”The difficulty in fully quelling inflation was on display in October. Consumer prices rose 0.2 ...
The so-called core consumer price index that excludes food and energy is seen rising 0.3% in October while the overall index ...
Despite these challenges, Fed Chair Jerome Powell, speaking after the central bank cut interest rates by a quarter point on Thursday, maintained that "the story is very consistent, with inflation ...
Ennis was raised in the Germantown section of Philadelphia and was a Golden Gloves gold medalist as an amateur. He made his ...
Americans as a whole continue to enjoy unusual job security “The cooling of the jobs market is still ongoing,’’ said Sarah House, senior economist at Wells Fargo. “Overall, the jobs market — it’s not ...
Storms and strikes are complicating the true picture of the labor market, economists say. Nonetheless, there’s still evidence ...
U.S. employers created only 12,000 jobs in October, well below expectations for about 100,000 jobs to be created. However, the data was heavily skewed by the impacts of Hurricanes Helene and Milton ...
U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and ...
The October jobs data was the lowest in nearly four years, and the unemployment rate was 4.1 percent. Economists caution that recent hurricanes and labor strikes could artificially depress data.