Molly Smith

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Workers' Confidence In Their Employers' Outlook Hits New Low

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Layoffs continue to mount across multiple sectors.

Inflation Accelerates, Tempering Case For Fed To Cut Rates

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The consumer price index increased 3.4% in the year through December, the most in three months.

U.S. Small-Business Optimism Rises To Five-Month High On Earnings

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There's less pessimism around sales, earnings trends and economic expectations.

Labor Market Defies Slowdown Forecasts In Broad Strengthening

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The acceleration in payrolls is at odds with recent reports that have depicted a softer hiring pace.

Health Insurance Is About To Boost Inflation After Months Of Relief

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US employers expect the total benefit cost per employee to rise 5.4% on average next year.

U.S. Inflation Picks Up, Keeping Fed Tilted Toward Another Hike

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Real yields also continue to rise, likely signaling the need for even more restrictive monetary policy.

U.S. Mortgage Rates Rise To Highest Since March, Slowing Demand

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The contract rate on a 30-year fixed mortgage increased 12 basis points to 6.69%.

U.S. Paychecks Are Outpacing Inflation

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The pay gains gives the Fed another reason to raise interest rates next month.

U.S. Economy Keeps Charging Ahead, Adding Pressure On Fed To Hike

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The economy is generally performing better than expected so far in 2023 as inflation's decline slowed.

'Too Good To Be True' Jobs Report Draws Skeptics On Data Quirks

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The jobs market has shown few signs of falling victim to the Fed's aggressive interest-rate hiking.

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