Three signals from today’s jobs report suggest that inflation will remain elevated

Friday’s jobs report showed that the buoyant US economy is creating hundreds of thousands of jobs, suggesting that price hikes are here to stay despite the Federal Reserve’s efforts to contain them. The United States added 263,000 jobs in November, according to the federal jobs report released on Friday, far more than the 200,000 jobs … Read more

Premarket Stocks: Why the stock market is channeling Goldilocks

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can subscribe right here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business — The global economy is weakening and consumers are feeling financially stressed. Gas … Read more

Singapore and New York are the most expensive cities to live in: EIU

New York City, along with Singapore, is the most expensive city to live in, according to the Economist Intelligence Unit. Alessandro Spatari | moment | Getty Images Singapore was once again ranked the most expensive city to live in, sharing the top spot with New York City this year, according to the Economist Intelligence Unit … Read more

Worried about mishandling money? Try this 7-step financial checkup

As children and teens prepare for “back to school,” now is the time for adults to “get back to basics” when it comes to their finances. Give yourself a financial check. Look at the current state of your finances and figure out what you need to do to get — or stay — on track … Read more

Back to the talk of transitional inflation. But economists say the higher prices here will stick around

Prices of fruits and vegetables are displayed at a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have been heartened in recent weeks by data indicating that inflation may have peaked, but economists warn against a return to the “transient” inflation narrative. Stocks rebounded as the US October … Read more

Not having an emergency fund can lead to a big money mistake: Suze Orman

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios in New York City. Jenny Anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it may be difficult to find the money to cover the expense. In a pinch, it can be tempting to take … Read more

Not having an emergency fund can lead to a big money mistake: Suze Orman

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios in New York City. Jenny Anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it may be difficult to find the money to cover the expense. In a pinch, it can be tempting to take … Read more

Back to the talk of transitional inflation. But economists say the higher prices here will stick around

Prices of fruits and vegetables are displayed at a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have been heartened in recent weeks by data indicating that inflation may have peaked, but economists warn against a return to the “transient” inflation narrative. Stocks rebounded as the US October … Read more

US consumer confidence drops to lowest level since July

Minneapolis CNN business — US consumer confidence has declined in November, when inflation and economic uncertainty continued to loom and potentially dampen holiday shopping plans. Conference Board Consumer Confidence Index measured 100.2 for the month, lower than the downwardly revised 102.2 in October. The index is at its lowest level since July, when it dropped … Read more

US consumer confidence drops to lowest level since July

Minneapolis CNN business — US consumer confidence has declined in November, when inflation and economic uncertainty continued to loom and potentially dampen holiday shopping plans. Conference Board Consumer Confidence Index measured 100.2 for the month, lower than the downwardly revised 102.2 in October. The index is at its lowest level since July, when it dropped … Read more