U.S. employment cost pressures remain hot in second quarter
admin The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
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U.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read MoreEurozone 2Q Growth Beats Forecasts Amid Services Rebound
By Maria Martinez The eurozone economy grew at a faster pace than expected in the…
Read MoreElon Musk says inflation may have peaked. Bill Ackman agrees, but says the Fed is still making a mistake.
The market has been in full-on party mode in the 48 hours since Fed Chair…
Read MoreJob switchers saw a greater increase in salary than people who decided to stay put. Here’s what’s at stake.
It pays to look around. The number of job switchers reporting wage gains has expanded…
Read More‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an…
Read MoreInvestors snap up homes at a furious rate — in some regions they bought as many as 20% of houses for sale
First-time homebuyers who struggled to snag a property this past spring might have been competing…
Read MoreSingapore’s overall employment rises at faster pace in second quarter
SINGAPORE — Singapore’s overall employment rose at a faster pace in the second quarter of…
Read MoreIs the housing market in a recession? Here’s what economists are saying and mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
Hi, MarketWatchers. Don’t miss these top stories. Is the housing market in a recession? Here’s…
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Opinion: What’s a recession? It depends on whom you ask — an economist or a fishmonger.
Scene: A fancy fish market in Georgetown. Economist enters. Shot of pages flying off a…
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