Inflation slowed further in December

The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship.... Read More

Wholesale inflation in US declined last month

Wholesale inflation in the United States fell for a third straight month in December, further evidence that price pressures in the economy are easing. The Labor Department reported Friday that its producer price index declined 0.1% from November to December.... Read More

US employers add a surprisingly strong 216,000 jobs

The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. Friday’s report from the government showed that December’s job gain exceeded...... Read More