U.S. labor costs rose modestly during the third quarter amid slowing wage growth, suggesting that the labor market will not pose an inflation risk. The economy is facing increasing pressure on prices, stemming mainly from the Iran war, which led to an increase in the cost of energy and fertilizers, as well as a boom in investments in the field of artificial intelligence. for more

U.S. labor costs rose modestly during the third quarter amid slowing wage growth, suggesting that the labor market will not pose an inflation risk. The economy is facing increasing pressure on prices, stemming mainly from the Iran war, which led to an increase in the cost of energy and fertilizers, as well as a boom in investments in the field of artificial intelligence. for more