EghtesadOnline: U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year.
EghtesadOnline: For Janet Yellen, the labor market is great again. Yellen took a rare victory lap Wednesday, signaling the economy is strong and will improve further, allowing the Federal Reserve to continue to raise rates next year.