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U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
Inflation: The Problem Ahead
Inflation rose to 2.7% in November, aligning with economists' expectations of incoming president's plans to strengthen US ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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Inflation accelerated last month. Here’s what drove it
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more ...
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Eggs boost US producer prices in November, but services inflation slowing
A surge in the price of eggs amid an avian flu outbreak accounted for much of the bigger-than-expected rise in producer ...
Fed cuts interest rates a third time, points to inflation as challenge for 2025
The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.
Minimum wage will increase in 23 states in 2025, will Mississippi be one of them?
Mississippi is not among the 23 states raising the minimum wage, which is $7.25 per hour for covered nonexempt workers. The ...
Unemployment rate falls to 3% on LI as more residents leave the labor force
The Island’s unemployment rate dropped to 3% last month, down 0.4 percentage points from a rate of 3.4% in November 2023, ...
CNN3d
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Moreover, data from the Bureau of Labor Statistics showed that year-over-year real average hourly earnings growth dropped for 25 consecutive months. Average hourly pay has outpaced inflation since ...