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Hot Inflation Dims Prospects for Summer Rate Cuts

A leading measure of inflation was higher than expected in March, as the consumer price index rose by 3.5% on a year-over-year basis. The March report from the Labor Department, released Wednesday, marked the third month in a row that inflation topped exceeded expectations, fueling concerns that pricing pressure in the U.S. economy is getting sticky and could remain a problem longer than analysts had hoped. On a monthly basis, prices rose 0.4% in March, higher than expectations of a 0.3% increas

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US Producer Prices Rise But Show Some Relief in Key Categories

(Bloomberg) -- US producer prices increased in March from a year earlier by the most in 11 months, though certain categories that feed into the Federal Reserve’s preferred inflation gauge were more muted.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionChinese Cement Maker Halted Af

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Trump rips Biden on key issue impacting voters after damaging report: 'Totally lost control'

An unexpected bump up in inflation is giving former President Trump more ammunition to fire at President Biden as the two face off in their 2024 election rematch.

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Amazon Spent $3.1 Million On Anti-Union Consultants In 2023

The company’s labor battles have been a bonanza for a handful of “persuaders” who undermine union organizing efforts.

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How a New Rule Could Change the Way Advisers Handle Your Retirement Money

It seems like an issue everyone can agree on: Financial professionals should be required to handle our retirement money with the utmost care, putting investors’ interests first. But that type of care comes in degrees, and deciding exactly how far advisers should go has been the center of heated debate for nearly 15 years, pitting financial industry stakeholders, who argue their existing regulatory framework is enough, against the U.S. Labor Department, the retirement plan regulator, which says t

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US inflation likely stayed elevated last month as Federal Reserve looks toward eventual rate cuts

Consumer prices likely rose last month at a pace that would exceed the Federal Reserve's inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in this year's presidential election. Economists have estimated that prices rose at a brisk 0.4% annual pace from January to February, up from a 0.3% rise the previous month, according to estimates compiled by FactSet. Grocery prices are thought to have ticked up, too.

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Biden's Independent Contractor Rule Threatens the Evolution of Work

Much-desired flexibility for gig workers is in jeopardy.

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Applications for US jobless benefits fall again as labor market powers on

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs. Applications for unemployment benefits fell by 12,000 to 201,000 for the week ending Feb. 17, the Labor Department reported Thursday. The four-week average of claims, a less volatile measure, fell by 3,500 to 215,250, down from 218,750 the previous week.

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The Benefits of Bidenomics Exclude Americans and Benefit Few

Over four years, native-born Americans made no progress in the job numbers, a key reason why they view the economy so poorly.

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AHA: Simplify hiring process for foreign pharmacists

AHA: Simplify hiring process for foreign pharmacists
beckershospitalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beckershospitalreview.com Daily Mail and Mail on Sunday newspapers.

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