Restaurants and pubs on James Street in London, UK, on Friday, Dec. 13, 2024. Bloomberg | Bloomberg | Getty ImagesThe U.K. economy grew by a more-than-expected 0.3% in November, data from the Office for National Statistics (ONS) showed Thursday. Economists polled by Reuters had expected a very modest growth figure of...
Category: Economy
Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according to economic data released Wednesday.The producer price index, a measure of final demand prices that producers get in the marketplace, rose just 0.2% for the month, according to seasonally adjusted figures from...
Supreme Court holds off on Trump tariff ruling for now — what’s at stake for economy
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty ImagesThe Supreme Court did not rule Friday on the legality of broad tariffs imposed by President Donald Trump, leaving markets still awaiting a decision poised to have far-reaching impacts on...
U.S. payrolls rose 50,000 in December, less than expected; unemployment rate falls to 4.4%
The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the Bureau of Labor Statistics.Nonfarm payrolls rose a seasonally adjusted 50,000 for the month, lower than the downwardly revised 56,000 in November and short of the...
Trump revealed some of Friday’s jobs data early in post the prior day
President Donald Trump in a social media post Thursday evening indirectly revealed data from Friday's market-moving nonfarm payrolls count, an apparent violation of long-standing federal policy on statistical releases.In a Truth Social post around 9 p.m. ET, the president indicated that private sector payrolls had expanded by 654,000 for the...