The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...

Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.

The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ...

The Employment Cost Index shows wages and benefits grew 3.5% in September year-to-year. That’s the lowest increase since 2021. Let’s talk about your paycheck. Not your specific paycheck, but ...

Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up. In November, average hourly earnings rose 3.5% year over year. That’s down from ...

Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...

With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...