inflation

The cost of shelter is driving more than 70% of inflation right now, according to the Bureau of Labor Statistics. So what gives?

Employers added a higher-than-expected 311,000 jobs, while unemployment rose from 3.4% to 3.6%.

“It’s clear there have been some shifts in the economy that just make their policies less effective,” says Neil Irwin of Axios.

Different types of consumer debt saw a substantial rise in January, according to the Federal Reserve.

January was an outlier for jobs, spending and inflation — but can we rely on seasonally adjusted data when the past three Januarys have been so weird?

Strong consumer spending and job gains so far in 2023 spur Fed Chair Powell to double down on rate hikes.

Theoretically, yes.

Retailers’ financial results show weaker spending on nonnecessities like electronics. Here’s where consumers are pulling back.

The Treasury secretary says “people don’t need to lose their jobs” to cool down the labor market.

Economists say 3.5% wage growth is about right when you take inflation and productivity growth into account — but we’re not there yet.