Economy

The word “resilient” came up in multiple earnings calls this week.

Businesses are passing costs on to customers, consolidating packages and, in some cases, taking shipping into their own hands.

Fed Chair Jay Powell said there’s been essentially no job creation in the private sector in the last six months. But unemployment also remains low. What does this mean for the labor market, and the economy?

A breakdown of how much you’re paying for Social Security, health care, food assistance, the national debt, defense, and more.

As with many major geopolitical events, the war in Iran could be a headwind or a tailwind for different parts of banks’ businesses.

Overall grocery inflation slowed to 1.9% year-over-year, but the picture is uneven. While egg prices are down nearly 45%, tariffs and supply chain pressures are pushing some produce prices higher.

The consumer price index for March showed grocery prices are up 2% from last year, with tomatoes, lettuce, and nonalcoholic beverages leading the way.

Higher inflation, lower unemployment, and a war — what’s all this mean for the job market going forward?

Asking rents dropped more than 1.5% in February, and apartment supply is growing in some major metros. But shelter costs, which make up about a third of the CPI, are still showing a 3% annual increase.

Long-term unemployment is defined as six months or more without work. The number of Americans in that group is up more than 300,000 over the past year, even as the overall jobless rate holds at 4.3%.