Labor Market Shows Continued Signs of Strength as Fed Kicks Off Meeting
Employers posted more job openings in September than expected, according to Labor Department data released Tuesday, signaling that the labor market is...
Key Inflation Measure Accelerates Ahead of Next Fed Meeting
Consumer prices and wages are still climbing rapidly, new economic data released Friday shows, bolstering expectations that the Federal Reserve will...
US Economy Returns to Growth — but Maybe Not For Long
Economic growth was positive in the third quarter, ending a six-month run of contraction that started at the beginning of the year, the Bureau of...
Can Republicans Move the Needle on Inflation?
In the final days before the 2022 midterm elections, President Joe Biden has sought to hammer home a closing message to voters concerned about the...
Economy Likely Grew at a Decent Pace in Q3 — but Economists See Trouble Ahead
This may surprise you: The U.S. economy is expected to have grown at an annual rate of better than 2% over the three months from July through...
Fitch Predicts a Recession in 2023
Fitch Ratings slashed its estimate for economic growth this year from 2.9% to 1.7%, and now predicts that the U.S. economy will fall into a mild...
Republicans Gain in Polls as Economic Concerns Weigh on Voters
Voters are worried about inflation and the economy, and that appears to be giving Republicans an edge in congressional races less than four weeks...
Inflation Worse Than Expected in September
Another month, another alarming inflation report. The Consumer Price Index rose 0.4% on a monthly basis in September and 8.2% relative to a year ago...
‘Worst Is Yet to Come,’ IMF Warns
The International Monetary Fund on Tuesday reduced its outlook for global economic growth and warned that there are still challenges ahead, including...
How Much Did Biden’s Rescue Plan Fuel Inflation?
President Joe Biden signed the $1.9 trillion American Rescue Plan Act into law 19 months ago. The benefits and drawbacks of the legislation are still...