US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures are gradually diminishing and no longer a key driver of inflation.

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Friday, January 31, 2025. The ...

Employment Cost Index measures the growth of employee compensation (wages and benefits). The ECI is based on a survey of employer payrolls in the final month of each quarter. The index tracks ...

The WSJ Dollar Index is down 0.25 point or 0.24% this month to 102.51 –Largest one-month point and percentage decline since Sept. 2024 –Snaps a three-month winning streak –This week it is up 0.71 ...