Economy

In August, headline inflation was up 0.3 percentage points from the month before, measuring a steady 3.4% year over year.

Some lenders surveyed by the Federal Reserve recently reported that they’ve been noticing a pickup in delinquencies, as higher costs burden both families and businesses.

The U.S. gross domestic product grew 2.2% this spring, an upward revision of 0.7%.

Fed Chair Kevin Warsh mentioned at his last press conference that he believed the unemployment rate was running “basically consistent with full employment.” What does that mean?

Economists say one reason hiring isn't budging is employers are afraid to budge.

The survey also showed that the confidence of upper-middle class consumers has declined the most over the past six months.

GDP grew in the first and second quarters this year, and economists expect it to continue in the third, but the tax refunds and stock market gains behind that growth are running out.

National leaders point to recruitment issues and economic constraints. More flexible training schedules and financial incentives seem to help.

The 30-year fixed mortgage rate hit a more than two-year high last week, sending mortgage applications down for the third consecutive week.

Bank consolidation has been happening for decades, and its pace has sped up in recent years. Borrowers and depositors are experiencing a number of side-effects.