CNBC Economy Full text
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
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CNBC Economy Full text
AI’s costly build-out complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Fed’s job.
CNBC Economy Full text
An inflation report Wednesday should be a big deal for the Fed. Here's what to expect
The consumer price index is expected to show only a modest increase for July.
CNBC Economy Full text
Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
CNBC Economy Full text
U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.
CNBC Economy Full text
The July jobs numbers are due out Friday. Here's what to expect
Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
CNBC Economy Full text
Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
CNBC Economy Full text
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
CNBC Economy Full text
Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure
The commentary pointed to a highly volatile environment in which purchasing managers were struggling to stay ahead
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