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.
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.
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give them: An answer to how much longer interest rates are going to stay high. Americans got a taste of the rate cuts they were craving last year.
Graduating college no longer gives students a leg up in the workforce. They need real world experience, too. Now, colleges are stepping up their internships and co-op programs to fill the increasing need.
For tens of thousands of federal workers in the Philadelphia region, President Donald Trump’s executive orders this week could change how they do their jobs. Among a series of executive orders Trump signed this week,
As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price index summary. Grocery prices (described as “food-at-home”) rose 0.3% month over month in December, while dining costs (also known as “food-away-from-home”) experienced a similar hike.
In his first day back on the job, President Donald Trump officially joined a fight that some bosses are picking to end remote work and get their staff back in the office five days a week. But Trump's added clout in the return-to-office tug-of-war still may not be able to entirely reverse the use of remote and hybrid work.
As U.S. President Donald Trump returns to the White House, it already seems clear that his second term will look little like his first. Many of Trump’s first-term appointments distanced themselves from his views and even denounced him.
MBA graduates last year struggled to find employment, despite the school's MBA program being consistently ranked among the best in the U.S.
Federal employees subject to a return-to-office mandate issued by the Trump White House on Monday are grappling with coming increases in their annual spending - by anywhere from hundreds to thousands of dollars - for transportation, food, apparel and child care that had previously been reduced by working remotely.
Newly inaugurated President Donald Trump has fired another shot in the ongoing battle over remote work, requiring federal employees to return to their offices.