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Fed s new economic projections may come with a dose of maybe, maybe not | Hellenic Shipping News Worldwide

Fed s new economic projections may come with a dose of maybe, maybe not | Hellenic Shipping News Worldwide
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United statesLydia boussourLarry meyerChristopher wallerJerome powellAustan goolsbeeTim duyFederal reserveUs labor department onFed chair jerome powellEconomic projectionsMonetary policy analyticsGovernor christopher wallerChicago fed president austan goolsbee

US Labor Department corrects productivity data from 2019 through 2023

WASHINGTON (Reuters) -The U.S. Labor Department on Friday corrected productivity data from 2019 through 2023 after a computation error in off-the-clock hours worked ratios biased downward the labor hours levels underlying the productivity and costs data published last month. Worker productivity increased at a 3.3% annualized rate in the fourth quarter, corrected from the previously reported 3.2% pace. Rising worker productivity is helping to contain labor costs for businesses, which ultimately could lead to lower inflation over time.

United statesPaul simaoLucia mutikanieditingChris reeseLabor departmentUs labor department on

Canadian Dollar dips further as the bright US NFP boosts the USD

Canadian Dollar drops for second consecutive day amid higher US Dollar.

European central bankUs labor department onCanadian dollarFederal reserveHourly earningsIvey purchasing manager indexFed powellFed kashkhariJapanese yen

Kansas City grocery store fined $155,000 for overtime violations

Kansas City grocery store fined $155,000 for overtime violations
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United statesKansas citySupermart el toritoReed troneUs department of labor wageUs labor department onUs department of laborHour divisionFair labor standards actHour district director reed trone

Gold rally could extend beyond recent highs - Financial Mirror

Gold rally could extend beyond recent highs - Financial Mirror
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Jerome powellNational bureau of statisticsUs labor department onCapitol hillFed chair jerome powellUnemployment rateNational bureauChinese consumer price indexProducer price indexRetail sales