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Average hourly earnings, a closely watched indicator for inflation and a gauge of how much leverage workers have in the labor market, increased 0.4% on a monthly basis and 4.1% over last year ...
August data marked the slowest year-over-year inflation reading since early 2021. Prices are set to rise 0.1% on a month-over-month basis, a decrease from the 0.2% reading seen in May.
For the week, the Nasdaq , the S&P 500 , and the Dow Jones Industrial Average all rose more than 1%, with both the Dow and S&P 500 closing at all-time highs Friday.
In the United Kingdom and in Australia, the Average Weekly Earnings (AWE) is the lead indicator of short-term changes in earnings. [1] In the UK, it replaced the Average Earnings Index (AEI) as the lead measure of short-term earnings growth in January 2010. [2]
In 2001, Kiplinger's Personal Finance announced it would acquire Individual Investor magazine. [8] When competitor Money magazine ceased print publication in 2019, Kiplinger's acquired roughly 400,000 of its monthly subscribers. [9] In 2021, Future plc acquired Dennis Publishing and with it Kiplinger's.
Prior to joining Kiplinger's, Bodnar worked for The Providence Journal and The Washington Post. She received an undergraduate degree from St. Bonaventure University and a master's degree in journalism from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism. [1] She is married and has three children.
FactSet data shows the S&P 500 is now pacing for 12.5% year-over-year earnings growth this quarter compared to the 11.5% expected last week. "While early, it's a great start to a reporting period ...
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