Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
Median global inflation fell from 2.2 percent to 1.9 percent that year. In 2021 and 2022, consumer demand recovered far more rapidly than supply, which was limited by labor shortages, supply-chain ...
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...
Pedestrians walk past a Nike store featuring a modern design and ... [+] mannequins displaying winter apparel on December 5, ...
Inflation in Venezuela for October of 2021 was 8.1%, for a YoY record of 1,258%, according to a report from the Venezuelan Observatory of Finance (OVF) released Monday. After Monday's data ...
Inflation shows how the price of goods and services has changed over time - and it has an impact on whether the Bank of ...
Enter Powell’s failed bet: He and other Fed officials thought inflation would normalize shortly after picking up in mid-2021 as the US economy ascended from pandemic depths. That didn’t happen ...