PAUL WISEMAN
Latest Articles
Wholesale Prices Rise 2.6 Percent in June Over Last Year as Inflationary Pressures Persist
It’s the sharpest year-over-year increase since March 2023.
Employers Add a Solid 206,000 Jobs in June, Displaying Economy’s Ability To Withstand High Interest Rates
Friday’s report from the Labor Department also shows that the unemployment rate ticked up to 4.1 percent from 4 percent.
Federal Reserve’s Preferred Inflation Gauge Rises 2.6 Percent in May Over Last Year, Exceeding Central Bank Target
The latest figures will likely be welcomed by the Fed’s policymakers.
American Wholesale Prices Dropped in May, Adding to Evidence That Inflation Pressures Are Cooling
Measured from a year earlier, wholesale prices rose 2.2 percent last month, edging down from a 2.3 percent increase in April.
Growth Slows Sharply Last Quarter to 1.6 Percent Pace, Reflecting an Economy Pressured by High Rates
The state of the economy is seizing Americans’ attention as the election season has intensified. Although inflation has slowed, to 3.5 percent from 9.1 percent in 2022, prices are well above their pre-pandemic levels.
Employers Add a Surprisingly Robust 303,000 Jobs in March, Signaling Economic Strength Despite Interest Rate Hikes
The job growth bolsters hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.
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