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BUREAU OF LABOR STATISTICS
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
US Social Security bill: Lawmaker wants full retirement benefits at 60 for workers in physically demanding rolesRepresentative Haley Stevens introduced a bill to allow workers in physically demanding jobs to retire at 60. Currently, the full retiremen...
In 1992, Tyler Perry spent his $12,000 savings on a failed play and slept in his car; by 2020, the Madea creator had earned $1.4 billion and owned a 330-acre studioTyler Perry's journey is marked by both struggle and triumph. After facing bankruptcy due to a failed play, he experienced months of homele...
Global Market Today: Asian stocks retreat after AI warnings, oil advancesThe Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc. and Samsung Electronics Co. among the losers. Semico...
US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
Fed rate-hike bets rise to 85% after hot August inflation dataRecent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices ...
US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflationUS stocks rose sharply on Friday after August inflation data showed consumer prices increased 0.4%. The Dow gained 1.23%, S&P 500 1.05% and...
Gold climbs on dip buying, Fed hike bets rise after US inflation dataGold prices firmed over one percent on Friday, finding a short-term floor. Strong United States inflation data lifted expectations of a Fed...
US consumer inflation picks up in August, up 3.4% YoYIn August, consumer prices in the U.S. surged, mainly due to increasing gasoline prices. This trend elevates the likelihood of an interest ...
Gold lingers near one-week low ahead of US CPI dataAs U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer ...
Global Market Today: Asian stocks to fall as oil stokes inflation fearsEquity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-d...
Gold slides after robust US payrolls boosts rate hike betsGold prices experienced a downturn on Friday, setting the stage for a weekly loss as solid US job data raised the bar for anticipated rate ...
Trump calls for lower interest rates, says high rates put US at 'unfair disadvantage'US President Trump advocates for reduced interest rates, stating the US possesses stronger credit. He believes lower rates are essential fo...
Donald Trump threatens trade halt over high interest rates, demands Fed rate cutPresident Donald Trump stated he would halt trade with deficit nations. He demands the Federal Reserve lower interest rates immediately. Hi...
US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
US Fed rate cut bets fall below 50% after Governor Chris Waller’s comments. What did he say?Expectations of a US Federal Reserve rate cut at its September 16 meeting have weakened sharply, with traders now pricing in less than a 50...
US private payrolls growth slows in August, ADP report saysU.S. private payrolls saw a moderate increase in August, adding 38,000 jobs. This figure fell short of economists' expectations for job gro...
US job openings rise in July after sharp downward revision in prior monthIn July, US job openings saw an upswing, primarily thanks to advancements in the manufacturing sector. However, various industries experien...
U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...
Social Security COLA 2027 Update: October announcement date confirmed - Check the projected increase, how it’s calculated and when the new benefits will take effectSocial Security COLA 2027 Update: Beneficiaries of Social Security are on the edge of their seats as they await the October announcement fo...