American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy ...
The Federal Reserve’s preferred measure, however, posted its biggest monthly gain since April, bolstering the case for a ...
The inflation shock of 2021-22 will have a lasting impact on how low- and middle-income Americans spend money, economists say ...
Personal saving was $1.04 trillion in the third-quarter, down slightly from $1.13 trillion in the second-quarter, while the ...
The US economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the ...
But the I.M.F., in a new report, also cautioned that escalating violence in the Middle East and the prospect of a new round ...
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday.
The increase in the core rate is higher than the Fed would prefer, and if it remains stubbornly elevated, it could lead the central bank to slow its pace of rate cuts in the coming months. Still, ...
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
Money supply and money demand have returned to more normal levels, and inflation has been 2% or less for the past year or so.
Previewing the October employment situation report, TD Securities analysts said: “The November NFP report is set to be ...