The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market. In ...
The 2025 Hotel Labor Costs & Trends report was released on HotelData.com by Actabl, revealing how U.S. hotels have tightened labor models throughout the year to offset rising wages, higher operating ...
Growth in the construction industry plateaued over the past year — and in 2026, look for that trend to continue. Faced with labor shortages, supply chain issues and economic pressures like high ...
Federal Reserve Chair Jerome Powell said the central bank decided to cut rates at today's meeting because the labor market was cooling and there was no sign of a hot economy that would spur inflation.
The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...
Federal Reserve policymakers are expected to cut interest rates at this week's meeting despite inflation remaining above their target amid concerns about a softening labor market. The Federal Open ...
The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ...
The Labor Department said Wednesday it wouldn’t issue complete October jobs data because of the effects of the government shutdown. The longest shutdown on record, which ended last week, stopped the ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The unemployment rate likely increased to 4.4% in September. The labor market is significantly weakening, although it's not collapsing yet, based on alternative data. The Fed is likely to ignore the ...
The path for interest-rate cuts has been clouded by an emerging split within the central bank with little precedent during Federal Reserve Chair Jerome Powell’s nearly eight-year tenure. Officials are ...
CNBC’s “Squawk on the Street” team discusses the impact of the Fed's latest rate cut, trade and earnings on the market with Ed Yardeni, president of Yardeni Research. Senator, brother, officer ...