Inflation has been stubbornly hanging around 2.8% for months. That’s above the Federal Reserve's 2% target. Meanwhile, key areas of the labor market are showing signs of weakness.
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Elevated interest rates, tariffs, and labor shortages due to President Donald Trump’s immigration crackdown have left many would-be buyers on the sidelines.
A group of farmers in northern Iowa and southern Minnesota have started growing more oats. A new mill provides them with hope for the entrance of a new market.
When analysts want to know how Americans are feeling about the economy, they look to consumer surveys from The Conference Board and the University of Michigan. But they each paint a slightly different picture of people under age 35.
Corporate bond spreads have been relatively tight this year, implying that investors aren’t demanding much extra compensation to account for credit risk.