Jobless claims were higher than expected last week after previously hitting their lowest level since 1969, the Labor Department reported Thursday. Initial filings for unemployment insurance for the week ended…

Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.…

Calling inflation “transitory” was a historically bad move for the Federal Reserve, according to Allianz Chief Economic Advisor Mohamed El-Erian. “The characterization of inflation as transitory is probably the worst…

A construction worker passes a job site at Metropolitan Park, the first phase of new construction of Amazon’s HQ2 development Arlington, Virginia October 13, 2021. Kevin Lamarque | Reuters If…

Congress and the Federal Reserve will have more impact on what happens to the economy and markets than the pandemic, Goldman Sachs CEO David Solomon said Tuesday. Both entities have…

Labor productivity fell at the fastest rate in more than 60 years in the third quarter, according to a Labor Department report Tuesday. A measure of output versus energy, nonfarm…

A help wanted sign is posted in the window of hardware store on September 16, 2021 in San Francisco, California. Justin Sullivan | Getty Images The so-called Great Resignation lost…

Weekly jobless claims tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday. Initial filings for…

Jerome Powell, chairman of the U.S. Federal Reserve, speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Monday, Nov. 22, 2021. Samuel Corum | Bloomberg | Getty…

Gabriela Chirinos pumps gas into her vehicle at a Shell station on November 22, 2021 in Miami, Florida. Joe Raedle | Getty Images If the consensus is correct, the last…