Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
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CPI Report Shows Inflation Has Been Cut in Half From Last Year’s Peak
The consumer-price index rose 4% in May from a year earlier, well below the recent peak of 9.1% last June...
This Summer, Lifeguards Have Better Job Prospects Than Office Interns
Listen to article(2 minutes)Swim instructors, ice-cream scoopers and camp counselors are among this summer’s most sought-after workers. Office interns? Not...
U.S. Labor Market Shows Resilience With Strong May Hiring
The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate...
How AI Is Catapulting Nvidia Toward the $1 Trillion Club
The company’s chips are leaders in processing the complex calculations driving the latest internet revolution. Source link
Spending and Inflation Figures Come as Fed Debates Pause
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
Here’s What It Looks Like When Americans Retire Overseas
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America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber...
CPI Report Shows Inflation Eased in April but Remains Stubbornly High
Inflation eased to 4.9% in April, the Labor Department said Wednesday, as the economy showed signs of cooling. Source link
Thousands of Jobs Were Added in April—Even in Industries With Layoffs
Hiring held up in tech, construction and manufacturing as the labor market continues to boom. Source link
Robust Hiring in April Shows U.S. Job Market Remains Hot in Cooling Economy
Hiring picked up as employers added 253,000 jobs last month. The unemployment rate fell to 3.4%. Source link
Federal Reserve Raises Rates, Signals Potential Pause
Central bank officials remove earlier guidance that had pointed to further increases. Source link
GDP Report Shows Economic Growth Slowed in First Quarter
Growth slowed to 1.1% annual rate as resilient consumers faced high inflation and rising interest rates. Source link
Pepsi’s New Healthy Diet: More Potato Chips and Soda
For years, PepsiCo Inc. tried to move past its junk-food roots and shift its business toward hummus, yogurt, kombucha, vegetable...
U.K. Inflation Stays Above 10%, Raising Prospect of Further Interest-Rate Increases
Food prices rose at the highest pace in decades. A combination of persistent price increases and rising wages sets the...
More Workers Take Parental Leave as States, Employers Expand Eligibility
Listen to article(2 minutes)Shawna Freeman Lane, 34, continued to teach college-level business by laptop after she gave birth by C-section...
March Jobs Report Shows Hiring Gradually Cooling
U.S. hiring slightly cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
Consumer Spending Moderated in February and Core Inflation Eased
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
WSJ News Exclusive | Most Americans Doubt Their Children Will Be Better Off,
A dim view of the economy underpins pessimism about the future and record-low happiness in U.S. Source link
