Economic Indicators

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

The Labor Department released weekly jobless claims data on Thursday morning.

The tight U.S. labor market is likely to persist into 2022, pressuring companies to find creative solutions to retain and attract workers.

Toll Brothers says it is looking at revenue growth for fiscal 2022 of 20% as demand grows.

The latest jobs report did not meet economists' expectations, but it's unlikely to change the course of interest rates or the Federal Reserve's planned rate hikes for 2022. Here's why.

Pharmacies are reportedly running out of important prescription medications, and the U.S. Food and Drug Administration (FDA) shows there are about 111 drugs on backorder – including heart medications, antibiotics and cancer drugs.

Although the U.S. economy created fewer jobs than expected in November, most industries still added to their payrolls last month – with white-collar businesses leading the way.

President Biden on Friday lauded a surprise decline in the nation's unemployment rate last month, even though hiring severely undershot expectations with November marking the worst month for job creation this year.

The Labor Department released the highly anticipated November jobs report on Friday morning, shedding light on the labor market's continued recovery from the COVID-19 pandemic.

Federal Reserve Chairman Jerome Powell said it's time to retire the word "temporary" when it comes to inflation. Here's what that could mean for interest rates.

The November jobs report is projected to show that hiring topped half a million for the second consecutive month, even as a labor shortage that economists describe as the worst in decades continues to persist.

Soaring inflation is inflicting financial pain on nearly half of U.S. households as prices for everyday necessities like food and gasoline continue to surge, according to a Gallup survey published on Thursday.

A majority of U.S. businesses are hiking prices at a rapid clip as they seek to offset the pain of soaring inflation and a lack of available workers, according to a survey of American CFOs published on Thursday.

Labor Department figures released on Thursday show how many Americans filed for unemployment benefits the week ending Nov. 27.

Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.

Fannie Mae released its latest forecast, saying it expects mortgage rates to slowly rise over the next two years as the Federal Reserve responds to rising inflation.

The ADP National Employment Report released on Wednesday morning provided a snapshot of the U.S. labor market in November.

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that he now expects high inflation to continue into the middle of 2022, stating that the government should no longer push what had been a recurring slogan of it being "transitory."

House Democrats are maintaining that inflation is manageable as they head into the new year.