Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.

Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.

The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market. For the Federal Reserve, which was already signaling a slowdown in rate cuts,

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.

A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.

Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report. Read more here.

A byproduct might be that companies are more successful in returning employees to the office. There’s a new sign of a weakening labor market: unemployed white-collar workers having a hard time finding a new job, as the Wall Street Journal noted.

With the two reports, the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures, is now under the 2% target, giving investors hope the central bank will keep on pace for at least two more interest rate cuts.

Working parents worry about the impact of return-to-office mandates as child-care costs continue to soar As JPMorgan Chase, (JPM), Amazon (AMZN), AT&T (T), Southwest Airlines (LUV) and Starbucks (SBUX) join other large companies in requiring remote employees to return to the office,

Every weekend, I recap “news you can use” from the week — a handful of quotes from major (and often expensive) news sources — so you can stay up to date on the news that affects your money without spending a dime and in less than a minute.