Private sector wage gains lift US labor costs in Q2, underlying trend benign
By Lucia Mutikani WASHINGTON, July 31 (Reuters) – U.S. labor costs increased slightly more than expected in the…
PBOC Warns on Imported Inflation, Focuses on Policy Transmission
(Bloomberg) — China’s central bank has warned on the risks of imported inflation from higher oil prices stemming…
Retirees Could See the Biggest Social Security Raise in 4 Years. Here’s What Drives It.
Soaring inflation is making everyone miserable these days. But there is one upside to the price hikes: It…
Dow, S&P 500, Nasdaq rise as Oracle, Nvidia lead AI trade resurgence
US stocks rose on Friday after snapping a recent losing streak, as signs of cooling inflation and waning…
Exclusive-Fed’s Miran math may overstate the impact of immigration on inflation
By Ann Saphir (Reuters) -An economist whose research provided a foundation for Federal Reserve Governor Stephen Miran’s argument…