Total job openings in October rose to 7.74 million from 7.37 million, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
Federal Reserve
Inflation proving stubborn as major policy changes await
given the looming fiscal and trade policy changes, it is growing more likely that the central bank will pause its rate-cutting campaign to ascertain their impact on the economy. … READ MORE >
Post-election outlook: A webinar from RSM US and U.S. Chamber of Commerce
Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the economic outlook for this new landscape and what middle market companies should anticipate. … READ MORE >
Housing starts and permits fall in October as hurricanes take a toll
The total number of starts in October was 1.3 million, marking the 30th straight month of staying below our long-term sustainable level of 1.7 million. … READ MORE >
The U.S. economic year ahead: Regime change, growth and rising interest rates
The American economy continues to undergo a regime change that will bring less volatility and greater resilience to shocks. … READ MORE >
U.S. retail sales decelerated in October
The mixed results in the October report should not change the likelihood that the Federal Reserve will cut its policy rate in December. … READ MORE >
Hurricanes and sticky service and housing prices propped up inflation in October
One-time special factors and ongoing sticky shelter and service prices combined to cause an increase of 2.6% in the consumer price index in October. … READ MORE >
Fed cuts rate by a quarter point ahead of a possible pause
Slowing inflation and strong productivity gains imply that the Fed has ample room to keep cutting rates next year. … READ MORE >
The increased attractiveness of corporate bonds as the Fed cuts rates
We expect the Federal Reserve to cut its policy rate by 25 basis points at its meeting on Thursday to a range between 4.5% and 4.75%. … READ MORE >
Distortions in the October U.S. jobs report mask underlying strength
We would urge investors, firm managers and policymakers not to overinterpret the temporary factors driving the top-line decline and to expect a similar dynamic in the November jobs estimate. … READ MORE >