US Inflation Is Slowing Down Even Faster Than You Think
The Consumer Price Index climbed 6.5% year-over-year in December. But price growth was flat over the last 3 months.
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The Consumer Price Index climbed 6.5% year-over-year in December. But price growth was flat over the last 3 months.
It's the first time the tech giants haven't made the list, which is determined by employee feedback, in over a decade.
With the December data on employment, you get the best of both worlds: a good labor market and a reduced chance of a recession.
In addition to the added payrolls, the US unemployment rate fell in December, changing from 3.6% to 3.5%.
WSJ said a "richcession" could be on the way, as the wealthy get hit with layoffs and stock losses. Meanwhile, wages for poorer Americans are rising.