Private sector employment in the U.S. increased by slightly less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday.ADP said private sector employment rose by 41,000 jobs in December after falling by a revised 29,000 jobs in November.Economists had expected private sector employment to climb by 47,000 jobs compared to the loss of 32,000 job...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.