U.S. productivity grew at an annual rate of 2.2 percent in the third quarter. It marks a slowdown from the previous quarter but is still better than the weak gains seen for most of this […]
Treasury yields jumped following the report and stock index futures remained higher. The big month for job gains comes off a disappointing September that may have been weighed down by the violent storm season in […]
The recent spate of strong wage growth, exemplified in Friday’s nonfarm payrolls report, sets up the next stage in the market’s conflict with the Federal Reserve. Average hourly earnings gains finally surpassed 3 percent in […]
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