Prices rose 2.7% in December from a year ago, a sign that inflation continues rising but in line with the pace seen in recent months.

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in benefit payments and receipts,

Hiring slowed more than expected in December, a sluggish end to what was one of the weakest years of job growth in decades, a dynamic that further amplified America’s affordability crisis.

On Dec. 4, the moon will reach its peak of fullness at exactly 6:14 p.m. ET, marking the last supermoon of the year Fabrizio Villa/Getty The holiday season is officially in full swing, but December is about to get a little brighter! Amid the chaos of ...

Economists expect the December CPI inflation report to show price growth remained elevated and cautioned it may have a downward bias due to missing data from the government shutdown.

The U.S. economy added just 50,000 jobs in December, capping off the worst year for hiring since 2020, when the Covid pandemic brought the global economy to a standstill. Save for 2020, last year ranks as the poorest year for job creation since 2009 and the global financial crisis.

The Bureau of Labor Statistics released its jobs report, showing that the US added 50,000 jobs in December, and the unemployment rate dropped to 4.4%.