Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black…
Global Economy News, Financial Trends & Market Analysis
Stay updated with the latest economy news, inflation reports, GDP growth updates, Federal Reserve decisions, and global financial developments at StockXpo. Our expert-driven economy coverage helps readers understand market movements, economic trends, and worldwide financial changes with simple and informative analysis.
Here’s where the jobs are for December 2023 — in one chart
Getty ImagesThe U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the…
Friday’s jobs report will be a big signal for a market looking for good news
A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael,…
St. Louis Fed names former Tudor executive Alberto Musalem as new president
St. Louis Fed names Alberto G. Musalem as new president.Source: St. Louis Federal ReserveEconomist Alberto Musalem was named the next…
St. Louis Fed names Alberto Musalem as new president
St. Louis Fed names Alberto G. Musalem as new president.Source: St. Louis Federal ReserveEconomist Alberto Musalem was named the next…
Private payrolls added 164,000 in December, beating expectations, ADP says
Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient…
Job openings nudged down in November, down to lowest in more than two years
A job seeker visits a Job News USA career fair in Louisville, Kentucky, on June 23, 2021. A new Kentucky…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Skyline of Riyadh in Saudi Arabia.Simon Dawson | Bloomberg | Getty ImagesSaudi Arabia’s Public Investment Fund (PIF) was the top…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
A clerk uses a credit card reader to charge a customer in Miami.Getty ImagesTotal consumer debt hit a fresh new…
Here’s where the jobs are for January 2023 — in one chart
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment.That…
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13,…
Jobless claims total 232,000, the lowest level in two months
Initial filings for unemployment insurance fell to their lowest level since late June last week, a sign that the labor…
Wholesale inflation fell 0.5% in July, in another sign that price increases are slowing
Wholesale prices fell in July for the first time in two years as a plunge in energy prices slowed the…
As inflation bites and America’s mood darkens, higher-income consumers are cutting back, too
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators.Jeff Greenberg | Universal Images Group | Getty…
Economy added 431,000 jobs in March despite worries over slowing growth
Amid soaring inflation and worries about a looming recession, the U.S. economy added slightly fewer jobs than expected in March…
Mortgage rate soars closer to 5% in its second huge jump this week
The rate for the most common kind of mortgage just surged again.The average rate on the 30-year fixed mortgage shot…
Pending home sales sink in February, setting a grim tone as housing market enters key spring season
A home with a sign indicating that it is under contract to be sold is seen in a neighborhood of…
Why the Federal Reserve raises interest rates to combat inflation
The Federal Reserve building in Washington, January 26, 2022.Joshua Roberts | ReutersThe Federal Reserve is poised to announce its first…
Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
Forecasters have raised their outlooks for a recession and boosted their inflation projection as the Federal Reserve faces the quandary…
Single-family rent prices are surging at a record rate, led by homes in Sun Belt cities like Miami and Phoenix
A house for rent in Corona Del Mar, California.Scott Mlyn | CNBCDemand for single-family rental homes is soaring, pushing prices…
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