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The US job market surged in September. Pictured are job seekers at a job fair at Navy Pier on April 11, in Chicago.
The resiliency of the labor has helped to keep consumer spending strong and the economy churning.
Oil prices gained on Tuesday after paring back their recent gains earlier.
New credit card and car loan delinquencies have exceeded pre-Covid levels.
High oil and gas prices are one of the largest contributing factors to inflation.
Despite the uptick in the headline number, the July report showed that underlying inflation continued its cooling streak.
Lyft's new CEO David Risher tells employees they must return to the office.
Lyft's new CEO David Risher announced another change for the ride-share company: Workers will soon have to return to the office.