Rising long-term unemployment is a bad sign for the overall labor market. Plus: the shipping industry, the warehousing industry, and a recap of the week’s economic headlines.
What does that say about our current economic situation? Plus: China, India, and Russia’s growing oil and gas alliance, Y2K nostalgia garb, and a homebuyer in New York City.
The U.S. economy grew faster than expected in the second quarter. We take a closer look at what's driving those GDP numbers. Plus, the AI data center boom.
Consumer confidence slipped in August, driven by worries about available jobs and future incomes. But a dip in confidence doesn't always mean people spend less.