Inflation is easing, but the prices of these groceries are expected to soar in 2023 — including one whose price rose nearly 60% in December
admin General inflation is easing, but the prices of some food items are not going down…
Read MoreDecember
Dow up nearly 400 points as pace of jobs growth, wage gains cool in December
U.S. stocks advanced Friday, with the Dow rising nearly 400 points, as monthly Labor Department…
Read MoreEurozone Inflation Sharply Slowed in December as Energy Prices Dropped
By Xavier Fontdegloria Eurozone inflation eased by more than expected in December, reaching a four-month…
Read MoreADP says 235,000 private-sector jobs created in December
The numbers: Private-sector employment rose by 235,000 in December, payroll processor ADP said Thursday, in…
Read MoreISM shows weakness in U.S. factory activity spreading in December
The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December…
Read MoreISM shows weakness in factory activity spreading in December
The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December…
Read MoreMortgage demand falls in December to the lowest level since 1996
The numbers: Mortgage applications fell by 13.2% to close off the last two weeks of…
Read MoreNew omicron subvariant has become dominant in U.S., climbing to about 41% of cases from 1.3% at the start of December
XBB.1.5 accounted for 40.5% of all cases in the week through Dec. 31, outstripping the…
Read MoreContraction in U.S. Factory Sector Deepened in December — S&P Global
By Xavier Fontdegloria The U.S. manufacturing sector contracted in December at the steepest pace since…
Read MoreJobless claims drop to 11-week low of 211,000 in early December
The numbers: The number of Americans who applied for unemployment benefits in early December fell…
Read More