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The Latest Breaking News from BLS

Gas and Rent Drive Inflation Higher for the Second Straight Month

Overall inflation rose 0.6 percent in August leading to an annualized rate of 3.7 percent.

Reason

Millennials didn't kill the 'organization man' after all. Federal data reveals it was the boomers all along

Long before quiet quitting, boomers rejected "working for the man," says UNC sociologist Arne Kalleberg, "which is exactly what’s happening now."

Fortune

The Producer Price Index: What it is and why it matters

The PPI monitors approximately 10,000 monthly product indexes, offering valuable insights into the economic well-being from the seller's standpoint.

USAFacts

From analysis to the latest developments in health,
read the most diverse news in one place.

There’s a hidden recession red flag hidden in the latest jobs report, according to two top economists

Once you strip out the growth in government jobs, the private job creation numbers are feeble, and getting more so.

Fortune

Commentary: Pay no attention to the economy behind the curtain

Anyone following the economic news coming from the Biden administration lately probably feels like Dorothy meeting the Wizard of Oz. Whether it’s data being revised from good to bad, the manipulation of statistics or indefensible exaggerations, the White House’s economic record is less impressive than it first appears. Here are…

Tribune News Service

WFH triumphs over RTO: A third of Americans continue to work from home

Despite many executives’ attempts to get workers back at their desks, remote work remains a fixture of the workforce.

Fortune

El Niño likely to hit investment sentiment

El Niño is likely to intensify in the second half of this year, affecting investment sentiment in the agribusiness, food and water management sectors, analysts say.

Bangkok Post

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What is the Consumer Price Index, and what does it mean for the economy?

The CPI is a key indicator for the state of the economy.

USAFacts

Asian investors hold breath amid US debt drama

RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.

Bangkok Post

Murió ayudando a construir la Gigafábrica de Tesla. Tesla no reportó su muerte a funcionarios locales.

Antelmo Ramírez era papá, abuelo y esposo. Su muerte por hipertermia no figura en el informe de Tesla requerido como parte del acuerdo fiscal con el condado de Travis.

Texas Observer

He Died Helping Build Tesla’s Gigafactory. Tesla Didn’t Tell Local Officials.

Antelmo Ramirez was a dad, grandpa, and husband. His death by hyperthermia is absent from a Tesla report required in a county tax deal.

Texas Observer

Amid Inflation Relief, Rental Prices Continue Soaring

Annual inflation fell to 5 percent in March, the lowest mark in two years.

Reason

How does the US government gather the monthly jobs report?

A brief guide to how the government uses a survey of 60,000 households to determine who's employed or unemployed.

USAFacts

US adds 236,000 jobs in March as labor market weakens

March saw fewer jobs added to economy compared with February as effects of Fed’s interest rate increases are felt

The Guardian - US

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Fortune

New data shows WFH is dying out. A remote work guru says that's false

More than 72% of firms said employees worked remotely rarely or not at all last year. But Nick Bloom says it's hard to make conclusions based on that.

Bangkok Post

Brokerages announce downbeat outlook

The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco).

Bangkok Post

Forget lazy 'trend' pieces about working women

Every year when International Women's Day approaches, news publications seize the opportunity to run stories about how women are faring in the workplace. The annual observance is a good opportunity to take stock of progress -- or the lack of it -- in gender equality.

Tribune News Service

Remote work helped push disability employment up to a record high

An embrace of remote work spurred by the pandemic helped the employment rate for disabled people reach an all-time high last year.

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The Independent UK

US inflation showed signs of slowing down in January

In the 12 months through January, the CPI increased 6.4%

Bangkok Post

US inflation eases, but only slightly

WASHINGTON: US consumer prices accelerated in January, but the annual increase was the smallest since late 2021, pointing to a continued slowdown in inflation and likely keeping the Federal Reserve on a more moderate interest-rate path.

Kiplinger

When Is the Next CPI Report?

When does the next CPI report land and what inflation rate is expected?

Tribune News Service

Here’s what to watch in January’s inflation report

The path to price stability sought by the Federal Reserve is likely to be bumpy, with Tuesday’s U.S. consumer inflation report expected to show costs rising briskly from the prior month.

Ballotpedia

Michigan Democrats seek to repeal law prohibiting public employees from being required to pay union fees

Fifty-one Democratic members of the Michigan House of Representatives and all 20 Democratic senators are sponsoring companion bills that would repeal a section of law prohibiting public employees from being required to pay union fees.

Reason

Trump and His Lawyer Fined Nearly $1 Million Over 'Frivolous' Suit Against Clinton, Comey, and Democrats

Plus: Criminalizing light projections onto buildings, immaculate disinflation?, and more...

Fortune

Understanding the CPI: this metric can help you make better money decisions

The December CPI showed signs inflation is slowing down. Here’s how the CPI works and how it can help you make smarter decisions about your money

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