Economy

Manufacturing slowed in July, but consumer demand and a strong service sector are shoring up the U.S. economy.

The investor and college president calls the Fed’s stance backward-looking and worries that more rate hikes may lead to a recession.

The Labor Department says worker output is up while average hours worked is down. That could help bring down inflation going forward.

We asked content creator and independent economics educator Kyla Scanlon if consumer sentiment is finally matching up with economic data.

As supply chains normalize and labor demand slackens, prices and wages are cooling off.

Fewer workers are quitting their jobs and employers are hiring less. So are we in for “Wheel in the Sky” or “Bad Moon Rising”?

Six percent of all global trade passes through the canal’s 50-mile stretch of water. New passage restrictions could particularly harm the U.S. economy — since it’s the nation that uses the trade route most.

Consumers have been sticking with Procter & Gamble. But if high prices make shoppers trade down, the company has products for them too.

Economists expected a downturn in economic growth from the first quarter’s 2% annual rate. Instead, growth accelerated to 2.4%.

The University of Michigan’s consumer sentiment index is up 40% over last year, aided by moderating inflation and job market strength.