Consumers see inflation easing considerably in the next year, New York Fed survey shows
A survey indicated that consumers see one-year inflation running at a 5.2% pace, down 0.7 percentage point from the October reading.
Saudi Arabia reports its first budget surplus in nearly 10 years on higher oil prices
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom's finance ministry said.
Wholesale prices rose 0.3% in November, more than expected, despite hopes that inflation is cooling
The producer price index, a measure of what companies get for their products in the pipeline, increased 0.3% for the month and 7.4% from a...
The Fed’s path to a ‘Goldilocks’ economy just got a little more complicated
As far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.
November unemployment fell for Hispanic workers and Black women, while holding steady overall
The U.S. unemployment rate remained unchanged at 3.7% in November.
Here’s where the jobs are for November 2022 — in one chart
Service sector categories showed strong growth in November, while other areas lost jobs.
Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
Job openings fell in October amid Fed efforts to cool labor market
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the...
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October