Page 21 - Christopher Rupkey News Today

U.S. job openings unexpectedly rose in December, showing demand for labor remains strong despite higher interest rates and mounting fears of a recession, which could keep the Federal Reserve on its

Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers — 11.01 million of them.

Gap between job openings and hiring suggests wage growth could remain high, an indicator that interest rates could rise.

WASHINGTON (Reuters) - U.S. job openings unexpectedly rose in December, showing demand for labor remains stron...

Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers — 11.01 million of them.

US consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.

U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal

A key inflation gauge closely tracked by the Federal Reserve showed that underlying price pressures increased in December ...

WASHINGTON, Jan 27 (Reuters) - U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.

U.S. import prices unexpectedly increased in December after five straight monthly decreases, boosted by higher costs for natural gas and food, suggesting that the fight against inflation would be