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Why Inflation During Times Of War Is Typical And Could Get Even Worse
For more than a year, the U.S. Federal Reserve reassured investors that post-COVID-19 pandemic inflationary pressures were transitory. However, Joseph Brusuelas, principal and chief economist for RSM US LLP, said Tuesday that the Russian invasion of Ukraine may have assured investors inflation is here to stay for at least the next several years.
'Held Hostage To External Events': Experts React To 7.9% CPI Inflation, Highest Since 1982
The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 1.2% on Thursday morning after the Labor Department reported a 7.9% increase in the consumer price index in the month of February, the largest inflation growth since 1982.
US Economy Adds Just 210,000 Jobs In November: 6 Experts React To Huge Payroll Miss
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% Friday morning after the Labor Department reported disappointing U.S. jobs market numbers from November.
Economists Assess Omicron Risk For Investors: 'A Global Issue In The Coming Weeks'
The SPDR S&P 500 ETF Trust (NYSE: SPY) lost ground once again Tuesday as investors try to get a clear picture of just how much of a negative economic impact the omicron variant of COVID-19 will have on the global economy.
Experts React To Fed Chair Powell's Renomination: 'Sound, Tested, Respected And Familiar'
President Joe Biden announced Monday he will be renominating Federal Reserve Chairman Jerome Powell for a second term as Fed chair and will nominate Fed Governor Lael Brainard as vice chairman.
Experts React To 6.2% CPI Inflation, Highest Since 1990
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.3% on Wednesday morning after the Labor Department reported a 6.2% increase in the consumer price index in the month of October, the fastest inflation growth since late 1990.
Why A $15 US Federal Minimum Wage May Be Just Around The Corner
After decades of lagging growth, wages have finally started to climb in 2021 as a record number of U.S. jobs remain unfilled. On Tuesday, Joseph Brusuelas, chief economist for RSM US LLP, said the era of surplus U.S. labor is drawing to a close and a $15 minimum wage is becoming the new standard in the post-pandemic economy.
'Worrisome Combination': Experts React To Disappointing August Jobs Report
The SPDR S&P 500 ETF Trust (NYSE: SPY) dipped lower Friday morning after the Labor Department reported one of the most disappointing monthly jobs reports in recent history.
Pre-Pandemic Job Levels Not Happening Until 2023 States Economists Survey
The U.S. job market is unlikely to return to its pre-COVID-19 pandemic levels until 2023 or later, according to a new survey released by the National Association of Business Economists (NABE).
US Adds Just 245K Jobs In November, Missing Expectations By 44%
On Friday, the Bureau of Labor Statistics released employment data for the month of November, and the numbers were disappointing. Here’s a rundown of everything you need to know.
Experts React To Trump's Coronavirus Diagnosis And Its Impact On The Stock Market
Markets traded lower on Friday after U.S. President Donald Trump tested positive for the coronavirus just one month ahead of the November election.
Experts React To Jobs Report: 'Need For Further Fiscal Action Is Obvious'
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Thursday after the weekly U.S. jobs report from the Labor Department revealed a surprise increase in the number of initial jobless claims.
What To Expect From July Unemployment Data: Economists Forecast Slowing Recovery
National unemployment numbers for July are set to be released Friday by the Bureau of Labor Statistics, and experts are expecting an increase in the unemployment rate.  
Initial Jobless Claims Top 1M For 14th Week, Economist Sees 'Most Significant Fiscal Cliff' In US History Ahead
Americans made 1.480 million initial jobless claims in the week ending June 20, a decrease of 60,000 from the prior week, the Department of Labor said Thursday. The figure exceeded the 1.3 million initial claims expected by economists.  What Happened: Initial unemployment claims topped 1 million for the 14th straight week.
Experts React To Weekly Jobs Number: 'Unemployment Rate Will Break Through 20%'
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.3% on Thursday after the Labor Department reported weekly jobless claims of 5.245 million, bringing t
'Dusting Off The Financial Crisis Playbook:' Dow Futures Point To Drop After Fed Announces Emergency Rate Cut
What To Make Of The Wild Chinese Stock Market Swing And Its Impact On The US
US Employment Rate Hits Lowest Level In 50 Years Amid Mixed September Jobs Report
Will US Interest Rates Ever Drop Below Zero?
Experts: Keep The Yield Curve Inversion In Perspective
The Federal Reserve Issues Fourth Rate Hike Of 2018
Economists React To The November Jobs Report
What Economists Are Watching Following The Midterm Election