But the bigger employer benefit cost — about 8% of total compensation — is health insurance. And in 2024, the premiums your employer paid went up faster than most things, besides eggs. “So health care ...
Stocks swung lower Friday after the White House confirmed it will impose tariffs on Mexico, Canada and China beginning ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
A chicken vaccination campaign would likely be cheaper for the Trump administration and, more importantly, better for ...
After struggling to build on the previous week’s gains early in the week, Gold (XAU/USD) gathered bullish momentum and set a new record high above $2,800 on Friday. Fresh developments regarding US ...
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.