“This number is a black eye for economists”: Why forecasts for the January jobs report were far off the mark from the Labor Department’s initial estimate
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Real Time Economics’s Tweets
Fed guidance on rate hikes still a good indicator of where monetary policy headed after robust jobs report, San Francisco Fed President says
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Fresh signs of a hot U.S. labor market leave the Fed on course to raise interest rates by a quarter percentage point at its meeting next month—and to signal another increase is likely after that
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Employers in leisure and hospitality led January’s job growth, as restaurants, bars and hotels hired at a robust pace
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Europe’s dependence on Russian energy is drawing to a close, leaving the continent racing to find alternative supplies
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WSJ Politics & Policy newsletter for Friday: Chinese Spy Balloon Tracked Over U.S.; FBI to Search Mike Pence's Home on.wsj.com/40tTe96
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Real Time Economics newsletter: Labor market balance of power shifts toward bosses, Europe's big central banks raise rates, US mortgage rates fall for fourth straight week, bitcoin rallies. on.wsj.com/3JCjcBg
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January's employment report will offer clues about the state of the labor market and overall economy at the start of 2023
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Companies from around the world are moving production and equipment to Mexico as they seek a manufacturing hub closer to the U.S., part of a broader shift in global trade
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Americans, pinched by inflation, are smoking less and switching to cheaper cigarettes
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How to adjust your medium- and long-term financial plans to weather this environment
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Jet-fuel prices are climbing, propelled by diminished supplies and swelling demand, and they threaten to push airfares higher
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The New York Fed named Roberto Perli, the head of policy research at Piper Sandler, to its top markets post. He succeed Lorie Logan, who became the Dallas Fed president last year.
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Workers in the U.S. are spending more time in the office again, with occupancy rates surpassing 50% for the first time since the start of the Covid-19 pandemic
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Squeezed by higher prices and short on cash, more Americans are tapping their 401(k)s for financial emergencies
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The Energy Department published a proposal Wednesday for new energy-conservation standards for consumer conventional cooking methods, which include gas and electric stoves and ovens
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The market’s comeback in January is indicative of one thing: Investors don’t believe the Fed is going to keep interest rates high for long
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Republicans are backing away from proposals to reduce spending on Social Security and Medicare as they enter talks with Democrats over raising the nation’s borrowing limit -- but many still want changes
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The proxy for layoffs has trended at low levels this year as large companies announce job cuts
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Drugmakers raised list prices of nearly 1,000 prescription medicines by an average of 5.6% at the start of this year—restrained increases as the industry faces federal efforts to lower drug costs
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WSJ Politics & Policy newsletter for Thursday: Biden and McCarthy Begin Debt-Ceiling Talks; Fed Slows Rate Rises on.wsj.com/3HT5o4o
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U.S. stock futures climbed after the Federal Reserve slowed its pace of interest-rate increases, re-energizing investors’ hopes that the central bank could begin cutting rates this year
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The Bank of England raised rates by a half percentage point but signaled it might pause its increases as the economy struggles and inflation slows
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Real Time Economics newsletter: Fed raises rates and signals plans to increase again in March, US job openings jump, return-to-office rate passes 50%, debt-ceiling chicken and UK strikes. on.wsj.com/3HqLbkY
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Brazil’s central bank left the Selic rate unchanged and reiterated it won’t hesitate to resume tightening if inflation doesn’t slow as expected
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While acknowledging much of recent inflation proved transitory after all, the Fed sees no reason to pause rate increases in the wage and labor data
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Transcript: Fed Chief Powell’s Postmeeting Press Conference
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The EU set out a road map for competing with U.S. green subsidies as it seeks to prevent a wave of companies from shifting investments to America
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Fed Approves Quarter-Point Rate Hike, Signals More Increases Likely
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How to adjust your medium- and long-term financial plans to weather this environment
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When Fed officials met in December, the most recent data on wage growth suggested a frustrating acceleration in compensation pressures in October and November. But since then, two reports have indicated that wage growth wasn’t as hot as initially reported
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The Biden administration proposed a rule to limit credit-card late fees to $8 a missed payment, kicking off a regulatory battle with banks that issue the cards
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Job openings are down from a peak of 11.9 million last March but remain elevated
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Republicans will be emboldened to push past the debt deadline, but history shows the politics are against them
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An OPEC+ panel will likely recommend keeping the group’s current oil-production policy unchanged
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It's decision time. Later Wednesday, the Federal Reserve is poised to raise its benchmark rate by a quarter percentage point to 4.5%-4.75%.
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Wednesday's WSJ Politics & Policy newsletter: Nikki Haley Plans to Launch 2024 White House Bid; U.S. Says Russia Violated Nuclear-Arms Treaty on.wsj.com/3HXbvER
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Real Time Economics newsletter: Fed on track to slow rate increases as wage gains cool, home prices fall, Whole Foods asks suppliers to lower prices, eurozone inflation eases, and why Ukraine hasn't been a boon to US defense contractors. on.wsj.com/3JvX7nS
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The eurozone’s annual rate of inflation fell for the third-straight month in January as energy prices continued to pull back from recent peaks.
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The EU wants to make it easier for governments to dole out tax breaks and other aid to clean-tech companies, part of a push to counter generous U.S. subsidies that officials worry will draw investment away from Europe
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