Economy

When you look at how individual companies are faring, it's clear that consumers are choosing value over luxury right now.

Production, new orders, imports and exports all increased, according to the latest Purchasing Managers Report from ISM. But according to the Labor Department, the economy has shed 66,000 manufacturing jobs over the past year.

In the April jobs report, inflation outstripped wage growth for the first time in three years. When the May jobs report comes out on Friday, we'll find out if that's a trend.

According to fresh data from Indeed’s Hiring Lab, hourly wages went up 1.7% in the past year. And salaried wages went up 2.9%. Neither is keeping pace with inflation.

Automakers are increasingly feeling the need to compete with cheap EVs from China.

There is good news from the manufacturing sector, with orders for durable goods like cars, planes, and machinery up 7.9%.

Anna Romero shares her financial struggles and how she ended up back on the job hunt.

More office space is being converted or demolished than is being built. But high-end office buildings are in high demand.

The latest release from the Bureau of Economic Analysis shows the personal saving rate has dropped to its lowest point since June 2022.

PCE was released this morning and showed that prices were up 3.8% from a year ago in April. What’s that mean for the Fed?