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A New York Fed survey shows consumers are cutting back. But inflation means they’re paying more for the same stuff.
Prices were up 6.5% over the past year, well above the Fed’s targets but the smallest increase since October 2021. It’s a sign that inflation is easing.
The labor market is still pretty tight, but the smallest businesses are more vulnerable to an economic downturn.
Economists say millions of unfilled jobs could limit economic growth.
The prominent economist Mohamed El-Erian said the Fed is still “behind the curve” on inflation.
Some signs are already flashing red. Job creation and consumer spending, though, are still chugging along.
It’s not the most wrappable holiday gift, but it’s a popular one. Here’s why we’re seeing a dip in oil prices.
They don’t like the inflation rate, but they do like the current job market.
Some research suggests the “scarring” experienced by young workers during a recession has a silver lining: happiness later in life.
Where the votes go could determine how investors — and their portfolios — could look at the U.S.