Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
Recent economic data show that cumulative wage gains have finally surpassed the sharp rise in consumer prices that has plagued the economy for several years. This milestone marks the first time since ...
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling. Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics reported ...
A series of strong economic reports on inflation and jobs have investors more concerned about inflation in 2025 than they were just a few months ago. Sticky inflation and a strong economy are ...
The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2% gain ...