If trends continue, the central bank may achieve a rare and difficult "soft landing" — the taming of inflation without triggering a deep recession.
Many economists have downgraded the probability of a recession occurring over the next year. They argue that consumer spending remains strong and federal infrastructure spending will continue to ...
U.S. job creation slowed in August, new data shows 04:36 The labor market is showing signs of cooling, shifting gears after months of strong job creation that fueled soaring inflation and prompted ...
NEW YORK (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market conditions ...
U.S. wage growth has outpaced inflation since May, finally giving workers more purchasing power. Pay gains had been running ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) John Rennie Short, University of Maryland, Baltimore County (THE CONVERSATION) The ...
WASHINGTON, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor ...
U.S. Treasury Secretary Janet Yellen said on Tuesday that U.S. growth needed to slow in line with potential due to full ...
Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure — much higher interest rates, to cool spending and hiring — was expected ...
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure — much higher interest rates, to cool spending and hiring — was expected ...
NEW YORK, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market ...
WASHINGTON (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor market ...
