Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the start of the new year
Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the start of the new year
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
‘We believe the Auto sector is the most exposed to the risks of increased tariffs,’ an analyst said.
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens from here.
Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.
Black men saw their unemployment rate spike to 6.9% from 5.6% in January, bucking the overall unemployment rate trend for the country.
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed’s 2% target.
Health care and retail were strong areas for the U.S. economy in January.