Lifestyle

U.S. producer prices increased solidly in May amid a surge in the cost of energy products, suggesting inflation could remain elevated for a while.The producer price index for final demand rose 0.8% last month after advancing 0.4% in…
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The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon has often come hand-in-hand with recession.Worries that a hawkish Federal Reserve will hurt U.S. growth as it attempts to tame inflation has…
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Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on…
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Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.Buy Now Pay Later (BNPL) firms have created one of the…
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The Japanese yen this week fell to levels against the U.S. dollar last seen in early 2002.The scale of the move has repercussions for the domestic economy as yen-based import prices are surging at a record annual pace, heaping pressure…
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Sheep herders in the U.S. West have banded together to sue their employers, accusing them of operating an illegal cartel that artificially suppresses their wages, according to court documents filed Wednesday in Nevada.The case could have…
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The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as demand for labor remained strong, helping to underpin the economy amid rising interest rates and tightening financial conditions.Initial…
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U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that strong wage gains will likely persist and contribute to…
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