Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
The slowdown in job creation since January suggests the economy is not running as hot as growth estimates imply. Prior to the U.S. government shutdown, the divergence between resilient growth and a ...
The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
Forbes contributors publish independent expert analyses and insights. Bill Conerly connect the dots between the economy ... and business! The economic forecast for 2025 shows growth, but at a slower ...
Although wage growth has cooled since 2022’s highs, it remained above inflation and held stable in June, according to a July 24 report from Indeed’s Hiring Lab. Based on federal data, 57% of workers’ ...
(Reuters) - New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price pressures remained sticky in January while consumer spending slowed ...
The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome ...
Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ...
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