Tag: Labor Department
Inflation rises to a 3-year high on spiking gas prices, highlighting...
WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and...
Employers added 172K jobs last month as U.S. job market shows...
WASHINGTON (AP) – The American job market continues to show surprising strength, shrugging off the high costs of the Iran war.
Employers added 172,000 jobs...
Median pay for CEOs rose nearly 6% in 2025, some compensation...
NEW YORK (AP) – The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives...
Retail sales growth slowed in April from March as higher gas...
NEW YORK (AP) – Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some...
Producer prices shot up 6%, adding to pressure on companies to...
WASHINGTON (AP) – U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the most since December 2022,...
U.S. consumer prices jump as Iran war sends energy prices rapidly...
WASHINGTON (AP) – U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
The Labor Department's consumer price...
U.S. employers add a surprisingly strong 115K jobs in April
WASHINGTON (AP) – America’s employers a delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Hiring was better...
Retail sales up 1.7% in March from February driven by a...
NEW YORK (AP) – Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump.
A spike...
U.S. wholesale prices surged 4% last month as the Iran war...
WASHINGTON (AP) – U.S. wholesale prices surged last month as the Iran war drove up the cost of energy.
The Labor Department reported Tuesday that...
Soaring gas prices leads to biggest monthly inflation spike in four...
WASHINGTON (AP) – The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges...
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