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The unemployment rate sits at 4.2%, while the U.S. economy added 142,000 jobs – roughly 20,000 fewer than expected.

Deflation nation: Producer prices shrank in December

New data from the Bureau of Labor Statistics released today found that wholesale prices paid by U.S. businesses fell in December. That’s good news for Democrats desperate for voters to feel better about the costs of what they buy ahead of this year’s elections.

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Presented by Apollo Global Management

Over the next decade, an estimated $75 trillion is needed to modernize US industries. Apollo is stepping up with investments to power infrastructure, energy and technology for America’s next chapter. Learn more.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Apollo Global Management

Over the next decade, an estimated $75 trillion is needed to modernize US industries. Apollo is stepping up with investments to power infrastructure, energy and technology for America’s next chapter. Learn more.