Private payroll growth slowed to 106,000 in January as weather hit hiring, ADP says
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.
Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears
Euro zone narrowly avoided a contraction as energy prices provide some relief.
IMF hikes global growth forecast as inflation cools and household spending surprises
In its latest economic update, the institution said the global economy will grow 2.9% this year.
Important wage inflation measure for the Fed rose less than expected in Q4
The employment cost index increased 1% in the October-to-December period, the Labor Department reported Tuesday.
Key Fed inflation measure eased in December while consumer spending also declined
The personal consumption price index excluding food and energy for December increased 4.4% from a year ago.
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
Gross domestic product was expected to rise 2.8% at an annualized pace in the fourth quarter, according to Dow Jones estimates.
Here’s what you need to know about a blockbuster court fight over Cuba’s debt
If Cuba loses in the U.K.'s High Court, it could ultimately cost the island nation billions in long overdue payments.
Federal Reserve Chairman Jerome Powell tests positive for Covid
Powell is experiencing "mild symptoms," according to the announcement.