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Another month, another jobs record: Texas triples US job growth rate in April

(The Center Square) – Every month, Texas breaks its previous job growth records. April was no different with Texas’ job growth rate tripling the U.S. rate. Last month, the Texas labor market once again set record-high levels for the greatest number of filled jobs, the greatest number of employed Texans, and the largest civilian labor […]

April inflation eases slightly, but 2% target still out of reach

Lower food prices offset higher energy costs in April. (iStock) Statistics show consumer prices rose more slowly than expected in April, but remained above last year’s levels. consumer price index (CPI) Published by the Bureau of Labor Statistics (BLS). On an annualized basis, prices rose 3.4% in April, slowing slightly from the previous month’s 3.5% […]

CBP records fewer migrant encounters in April 2024

U.S. Customs and Border Protection (CBP) announced in a news release Wednesday that U.S. Border Patrol agents recorded a decrease in the number of encounters with migrants in April. In April, Border Patrol recorded 128,900 encounters between ports of entry along the Southwest border. This figure was 30% lower than in April 2023 and 6% […]

April CPI breakdown: Where are prices still rising the fastest?

The “Morning with Maria” panel discusses the U.S. economy and markets after January’s CPI of 3.1% year-over-year. Inflation fell slightly in April, but rising rent and gas prices kept prices painfully high for millions of Americans. The Labor Department said Wednesday that the Consumer Price Index (CPI), a broad measure of the prices of daily […]

Consumer Prices Up 3.4% Through April, In Line With Estimates

The consumer price index in April increased by 0.3% from the previous month. According to the Department of Labor, prices have increased by 3.4% compared to 12 months ago. Economists had expected sales to rise 0.3% month-on-month and 3.4% over the 12 months. The Ministry of Labor announced last month that the consumer price index […]

Inflation increases 3.4% in April as prices remain elevated

Gina Bolvin, president of Bolvin Wealth Management Group, discusses commodity movements, expected inflation data, the housing industry and the outlook for consumers. Inflation eased slightly in April for the first time in months, a welcome sign for the Federal Reserve even as prices remain uncomfortably high for millions of Americans. The Labor Department said Wednesday […]

April inflation falls to 3.4 percent

Inflation slowed in April after months of faster-than-expected price increases, according to data released Wednesday by the Labor Department. The Consumer Price Index (CPI), a closely watched inflation indicator, rose 0.3% in April and rose 3.4% over the past 12 months, in line with economists’ expectations. Both the monthly and annual inflation rates fell by […]

April McClain Delaney wins Democratic primary for David Trone’s seat in Maryland

Former Biden administration official April McClain Delaney has won the Democratic nomination for the seat representing the Decision Desk Headquarters Project in Maryland’s 6th Congressional District. McClain Delaney previously served as assistant secretary for public affairs at the U.S. Department of Commerce and is the wife of former Congressman John Delaney (D-Md.), who represented the […]

Inflation rose to 2.2% in producer price index in April in bad news for the Fed

Inflation, as measured by the producer price index, rose to 2.2% for the year ending in April, the Bureau of Economic Analysis reported on Tuesday. April marks the third straight rise in the headline inflation rate, the opposite of the trend sought by the Federal Reserve and a warning sign for President Joe Biden. Most economists had forecast annual inflation would […]