Employers across the U.S. said wage growth picked up since the beginning of the year, according to a Federal Reserve report released Wednesday, signaling the tight labor market may be forcing employers to beef up paychecks to compete for workers.
Gold prices settled lower Wednesday, giving back roughly half of what they gained a day earlier. Upbeat data on U.S. private-sector jobs helped the U.S. dollar reverse losses fueled by news that Gary Cohn, the top economic adviser to President...
Gold ends firmly lower Wednesday, giving back roughly half of what it gained a day earlier, pressured by upbeat February data on U.S. private sector jobs as the dollar tried to rebound from a decline in the previous session.
The Beige Book reports on current economic conditions and is published by the Federal Reserve Board eight times each year. The report is released two Wednesdays before each FOMC meeting at 2.15pm EST.