Page 10 - Jeffrey Roach News Today

Powell has signaled that the Fed is waiting for clearer signs on the outlook for inflation before cutting rates.

The jobs market shows Americans have spending power but are still struggling to afford to buy high-priced homes.

Consumer companies rallied as luxury firms continued to show promise. Gucci owner Kering expects profit to take a hit this year from planned investments in...

Consumer companies rallied as luxury firms continued to show promise. Gucci owner Kering expects profit to take a hit this year from planned investments in its fashion houses, but shares rose... -February 08, 2024 at 05:39 pm EST - MarketScreener

In a surprising turn of events, U.S. employers ramped up hiring in December, outpacing expectations and bolstering wages. This development has led financial markets to reconsider the likelihood of an imminent Federal Reserve interest rate cut in March. Here’s the full story. Steady Economic Growth Despite Pressing Concerns The latest employment report from the Labor […]

Recent clashes in the Red Sea have disrupted shipping in the region.

WASHINGTON: US job growth accelerated in January and wages increased by the most in nearly two years, signs of persistent strength in the labor market that could make it difficult for the Federal...

Consumers who say their financial conditions are good increased while those saying they are bad fell, according to the latest survey.

The number of available jobs in the U.S. rose more than expected in December, evidence that the labor market remains strong despite higher interest rates.

The core Personal Consumption Expenditures index rose 0.2% from November while cooling to 2.9% year-over-year—both lower than expected.