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Australia sheds 65,000 jobs in December but unemployment rate remains at 3.9% (www.theguardian.com)
2024-1-18 Australia Unemployment

Unemployment stays below 4 per cent as thousands leave jobs market (www.watoday.com.au)
2024-1-18 Unemployment Job Market

Why no recession (so far)? You, the American consumer. Consumers were supposed to crumple under rising interest rates. Instead they gave a big lift to the economy. It wasn't just how much people spent, either. It was what they spent their money on. A large chunk was spent on wants, not needs. (www.marketwatch.com)
2024-1-18 U.S. Interest Rate

What interest rate does your broker pay? Interactive Brokers' clients earn up to 4.83% on uninvested USD cash balances. (alb.reddit.com)
2024-1-18 Interest Rate

Yellen says current US economic growth 'vindicates' Biden's pandemic stimulus spending. With falling inflation, unemployment at 3.7% and the US defying predictions of a recession, Yellen defended the $1.9 trillion American Rescue Plan. The US has recovered “faster than our peers around the world.” (abcnews.go.com)
2024-1-18 U.S. Inflation Unemployment

Mortgage demand surges more than 10% as lower interest rates lure homebuyers. Another drop in mortgage interest rates caused a run on loans last week. Total mortgage application volume jumped 10.4%, compared with the previous week. (www.cnbc.com)
2024-1-18 mortgage Interest Rate

UK finance minister says “inflation does not fall in a straight line” as inflation unexpectedly rises — TDS, ING, and SocGen banks had forecast lowest headline since September 2021 (www.reuters.com)
2024-1-17 Inflation

The majority of people have no idea how nefarious inflation is. The real winner is always the government. (i.redd.it)
2024-1-17 Inflation

Pigs are flying, heck has frozen over. The New York Times finally gets it. Strong headline growth, low unemployment and rising wages mean nothing if they're all eaten up by inflation and stubbornly high prices (www.nytimes.com)
2024-1-17 Inflation Unemployment New York

Inflation in Canada Refuses to Cooperate with Rate-Cut Bets (wolfstreet.com)
2024-1-17 Inflation Canada

Japan's Public Hates the New Inflation (foreignpolicy.com)
2024-1-17 Japan Inflation

Labor cost is the elephant in the room for restaurant chains in 2024. In December, overall food inflation jumped 2.7% year over year. While the price of groceries rose 1.3%, the cost for food away from home (restaurants) increased by 5.2%. (finance.yahoo.com)
2024-1-16 Inflation

Richest 1% acquired $26 trillion in new wealth since 2020, nearly twice as much the other 99% — while inflation outpaced wages for 1.7 billion workers worldwide (www.oxfam.org)
2024-1-16 Inflation

The Most Creative Entrepreneurs Are in Prison: Combine inflation with stagnant wages, and the prison economy gets even more busy. (scheerpost.com)
2024-1-16 Inflation Entrepreneur

BlackRock CEO Larry Fink warns of stubborn inflation - but expects growth to accelerate this year if interest rates drop (www.businessinsider.com)
2024-1-15 Inflation Interest Rate

Thoughts on this view of inflation? (i.redd.it)
2024-1-15 Inflation

Japan bankruptcies surge in 2023 amid labor shortage, inflation (english.kyodonews.net)
2024-1-15 Japan Inflation

The muscle we need to flex to bring inflation down with less pain (www.smh.com.au)
2024-1-15 Inflation

Working migrants boost California's economy amid inflation (www.nbcsandiego.com)
2024-1-15 Inflation Immigration California

Argentina inflation surges past 200% as economic crisis bites (www.reuters.com)
2024-1-15 Inflation

Argentina's annual inflation soars to 211.4%, the highest in the world. The data reflects the impact of a series of shock measures, including a 50% devaluation of the nation's currency, implemented by right-wing President Milei, in hopes of bringing the country's roaring inflation under control. (english.elpais.com)
2024-1-15 Inflation

Global inflation was about to be tamed. Red Sea attacks now fan revival fears (www.smh.com.au)
2024-1-15 Inflation

A middle-aged Millionaires' Row: Average US 50-something now has net worth over $1M. Household wealth swelled at a record pace during the pandemic. Between 2019 and 2022, the median net worth of American families jumped 37% after adjusting for inflation. (www.usatoday.com)
2024-1-15 U.S. Inflation

2024 in charts: Experts predict what's to come for housing, jobs, wages, interest rates and more (Canada) (www.theglobeandmail.com)
2024-1-15 Real Estate Canada Interest Rate

Credit card delinquency soars above pre-pandemic level amid high interest rates, inflation (www.msn.com)
2024-1-15 Inflation Interest Rate

The 2% Inflation Target is based on conditions that no longer exist. (www.dollarsandsense.org)
2024-1-14 Inflation

Why the middle class benefits from inflation (cepr.org)
2024-1-14 Inflation

Gearing up for the year of interest rate cuts. Interest rate cuts appear to be the key macroeconomic theme of 2024. But, how big? The answer is: potentially very big. The 20 main central banks will cut policy rates the most since the financial crisis as inflation eases sharply. (www.ft.com)
2024-1-14 Inflation Central Bank Interest Rate

As Argentina's annual inflation surpasses 211%, digital assets provide hope for population battling hyperinflation (argentinareports.com)
2024-1-14 Inflation Asset

Producer Price Index Drops for Third Consecutive Month, Surprising Economists. The drop suggested inflation could continue to slow as well, allowing the Federal Reserve to start cutting interest rates. The PPI measures wholesale prices. (www.pymnts.com)
2024-1-14 Inflation Interest Rate PPI

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