Browsing: wage growth

US inflation has cooled, but higher costs for food, housing, utilities and debt are still squeezing households, keeping affordability at the center.

U.S. employers announced 108,435 job cuts in January, the highest January total since 2009, led by UPS and Amazon plans, Challenger said. Hiring plans hit lows.

U.S. consumers continue steady spending despite lower confidence levels as job growth, wage gains, and easing inflation support resilience across key sectors.

UK wages rose 6% in November, defying expectations, but jobless claims rose. The Bank of England faces mixed signals as it considers interest rate cuts amid economic uncertainty.