US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Australia Inflation Spike Boosts Case for Extended RBA Pause
Australia’s core inflation accelerated beyond expectations last quarter, complicating the Reserve Bank’s path to further policy easing and…
Australia Jobs Still Tight, Inflation Sticky, RBA Chief Says
Australia’s labor market is still tight while inflation is proving sticky, Reserve Bank Governor Michele Bullock said, signaling…
RBA Braces for Policy Test as Disinflation Fades, Jobs at Risk
Just as Australia’s central bank was on track to meet its inflation and employment mandate, fresh data may…
October Price Data Unlikely to Be Released, White House Says
The US government will probably be unable to release inflation data for October, the White House said Friday,…
Ex-UBS Chairman Weber Warns AI Ushering In New Era of Inequality
Former UBS Group AG Chairman Axel Weber has warned the coming disruption from artificial intelligence could usher in…
US Initial Jobless Claims Rose Last Week, State Data Suggest
Applications for US unemployment benefits rose last week, according to analyses of unadjusted state-level filings released during the…
COLUMN: Job growth slows, but Salem fares better than Portland, Eugene
The economy of the Salem area is a stand-out. Even though job growth has been slowing, the area’s…
Fed’s Loss of ADP Labor Statistics Adds to Data Vacuum
The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers’…
Bullish Dollar Signals Emerge With Delayed CPI Release Looming
The dollar has kicked off the quarter on a firmer note, and there are signs traders are bracing…
Citi Foundation putting $25M toward tackling unemployment and AI labor disruptions
NEW YORK — NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having…
Citi Foundation is putting $25M toward tackling young adults’ unemployment and AI labor disruptions
NEW YORK — NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having…