Economy

Consumer spending, which accounts for most of GDP, grew more in the second quarter than initially reported.

Federal data also shows fewer people quit last month, bringing rates back in line with pre-pandemic levels.

Long-haul trucking is a huge part of the economy and has a big carbon footprint. But the vehicles can be costly and the infrastructure sparse.

The industry forecasts a sizable shortage by 2030. Some organizations are trying to attract youngsters to the field and providing internships.

We asked some professors to riff on the theme of the Fed’s annual Jackson Hole retreat: “Structural Shifts in the Global Economy.”

A year ago, U.S. exporters were complaining that the dollar was too strong. Not anymore.

If the Federal Reserve needs to keep interest rates higher to continue battling inflation, 10-year yields will have to compete.

The National Park Service wants to turn the original First Bank of the United States in Philadelphia into a museum.

Everyone loves a good deal.

“There are just a lot of positive ripple effects for communities,” says Kali Grant of Georgetown, who co-wrote the updated report.