Augusta Saraiva

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Key Gauges Of U.S. Economy Advanced At Healthy Clip To End 2023

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Gross domestic product rose at an upwardly revised 3.4% annualized pace in the fourth quarter.

Immigration Is Fueling U.S. Economic Growth While Politicians Rage

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The nation's 32.5 million immigrant workers now account for roughly one in five US workers.

Core Inflation Tops Forecasts For A Second Straight Month

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The report adds to evidence that inflation is proving stubborn.

Fed's Preferred Inflation Metric Increases By Most In A Year

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The so-called core personal consumption expenditures price index increased 0.4% from December.

Inflation Tops Forecasts, Likely Delaying Any Fed Rate Cuts

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The core consumer price index increased 0.4% from December, more than expected and the most in eight months.

Payrolls And Wages Surge, Likely Keeping Fed Rates On Hold

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Job growth in January was led by healthcare, professional and business services, and retail trade.

Fed's Preferred Core Price Gauge Cools Amid Robust Spending

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The new data caps a year that saw inflation retreat at a much faster rate than the Fed anticipated.

U.S. GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong Year

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A closely watched measure of underlying inflation rose 2% for a second straight quarter.

U.S. Companies Ramped Up Hiring In December

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Private payrolls increased 164,000 last month, the most since August, a new report says.

Fed Rate Cuts Pit Economists Versus Markets On Timing, Depth

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Economists don't expect rate cuts until mid-2024, but the markets see the easing cycle starting sooner.

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