Thursday’s inflation report could challenge the market outlook for big Fed rate cuts
The consumer price index is projected to have risen 0.2% in the final month of 2023, or 3.2% for the full year.
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December.
Saudi Arabia nearly doubles estimate for the value of its mineral resources
The Saudi government expects $20 billion in deals will be signed at the annual minerals forum in Riyadh this week.
Top Goldman Sachs analyst says the world is moving into a new super cycle
The world economy is moving into a new so-called super-cycle, with AI and decarbonization being driving factors, a Goldman Sachs analyst says.
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment.
Here’s where the jobs are for December 2023 — in one chart
Hiring for government jobs and health care led the gains to close out 2023.
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
Black Americans, the group with the highest jobless percentage in the country, saw their jobless rate dip to 5.2% in December from 5.8% in the...
U.S. payrolls increased by 216,000 in December, much better than expected
Nonfarm payrolls were expected to increase by 170,000 in December, according to a Dow Jones consensus estimate.
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report hits Friday morning, markets will be looking for a number that hits a sweet spot.