labor department

Concerns are rising among economists over the accuracy of U.S. inflation figures, as federal staffing limitations begin to disrupt the monthly monitoring of consumer prices. With gaps emerging in data coverage, experts warn that cost-of-living estimates could become increasingly unstable. What...

The Labor Department lifted restrictions that previously discouraged the inclusion of cryptocurrencies in 401(k) retirement plans on Wednesday. What Happened:  The Department of Labor's Employee Benefits Security Administration rescinded a Biden-era guidance that had urged plan...

The U.S. Bureau of Labor Statistics (BLS) on Wednesday announced a recent delay in the release of crucial jobs data to a technical issue, raising concerns about the potential impact on the economy and the upcoming presidential election. What Happened: The BLS, a division of the Department of Labor...

Key jobs data is due Friday, and recent numbers suggest the labor market remains tight. Here's a look at what you need to know ahead of Friday's print.  Friday's Jobs Report: The Bureau of Labor Statistics is set to release the April nonfarm payrolls ...

The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter economic growth report. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 4.2% year-over-year in the...

The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday morning after the Labor Department reported a 5% year-over-year increase in the consumer price index (CPI) for March. What To Know: The headline CPI came in at 5% year-on-year in March, down from 6% in...

The SPDR S&P 500 (ARCA:SPY) is moving higher Thursday morning after GDP came in below estimates and jobless claims topped forecasts.  What To Know: Gross domestic product, or GDP, increased 2.6% in the fourth quarter, according to a third estimate from ...

The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February. The SPDR S&P 500 (NYSE: SPY) is moving higher as expectaions for a less aggressive Federal Reserve continue to climb. Four experts laid out their...

The SPDR S&P 500 (NYSE: SPY) is volatile Tuesday morning after the Labor Department reported a 6% year-over-year increase in the consumer price index (CPI) for February. What To Know: The headline CPI rose 6% in February, down from 6.4% in January,...

Thursday's jobs data suggests the labor market might finally be starting to roll over, but attention is shifting to Friday's non-farm payrolls report, which Fed Chair Jerome Powell flagged this week as key to understanding the central bank's next move.  What Happened...

The SPDR S&P 500 (NYSE: SPY) has been trending lower this week as new data continues to suggest that a more hawkish Federal Reserve could be preparing to swoop in and stifle markets. The central bank's preferred inflation measure will drop Friday in what could be a...

The SPDR S&P 500 (NYSE: SPY) is volatile Tuesday morning after the Labor Department reported a 6.4% year-over-year increase in the consumer price index for January, marking the fourth straight lower print.  What Happened: The headline CPI rose 6.4% last month, down...

Prominent market commentator Jim Cramer reportedly said the January jobs report shows the economy will remain resilient, despite the Federal Reserve’s interest rate hikes. What Happened: “If the Fed Chief wants to raise interest rates quarter after quarter, this economy can actually...

Former U.S. Treasury Secretary Lawrence Summers believes Friday’s jobs report is a huge miss from the consensus and the labor market is running very different than lots of other indicators in the economy that are showing some signs of real slowing. What Happened: “One idea would be that...

Consumer prices rose at the pace in December that economists were projecting, signaling the Federal Reserve is starting to make progress in its fight against historically high inflation. What Happened: The consumer price index rose 6.5% in December, down from 7.1% in November, according to...