Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to ...
In the last three months of 2022, the US economy grew by 2.9% compared to the same period last year, the US Department of Commerce said Thursday.The growth was driven ...
The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment that economists may have predicted prior to the pandemic, according ...
President Joe Biden said on Thursday the U.S. economy was seeing "really bright spots" after a rough few years, and was headed to a "new plateau," a new term for ...
As the year comes to an end, the customary flow of economic outlooks is in full swing. Many outlooks are looking for something to break in the economy, yet the ...
Liquidity traps can lead to deflation—a precarious environment for the economy.RenoBeranger frompixabay
Topline Growing evidence emerged this week that the Federal Reserve's interest rate hikes, which have already caused a sudden collapse in the formerly red-hot housing market, have fueled an unprecedented ...
The potential of a recession on the heels of the Covid-19 pandemic means that the usual strategies for managing in a downturn may no longer work — and make the ...
These days, you’re likely to see fewer older Americans handing over your fast food order or working part-time at the local grocery store. Those missing workers are not just causing ...
The numbers: The trade deficit in goods widened 7.7% in October to a five-month high of $99 billion, as a strong dollar and weakening global economy dented U.S. exports. The trade ...
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