A Federal Reserve governor said ongoing interest rate hikes are possible until inflation is closer to the institution's 2% objective. Meanwhile, Americans have been struggling with high interest rates and inflation, reports said.
/PRNewswire/ Today s jobs report revealed the US labor market remains remarkably resilient, with total employment growing by a robust 339,000 jobs in May..
/PRNewswire/ The Conference Board is launching Corporate Director Councils exclusively for those who hold leadership positions on the boards of US public.
/PRNewswire/ The Conference Board Consumer Confidence Index® fell in May to 102.3 (1985=100), down from an upwardly revised 103.7 in April. The Present.
Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation. The Conference Board reported Tuesday that its consumer confidence index fell to 102.3 in May from 103.7 in April. It’s the fourth time in five months that overall U.S. consumer confidence has declined.