Page 49 - Michael Gapen News Today

US consumers and businesses don't always see eye to eye. But when it comes to inflation, all Americans seem to agree that sky-high prices are the bigg

A prolonged expansion, mostly due to a more resilient consumer and labor market, will mean a more aggressive Fed and a bigger rise in unemployment next year. | Economy

Four economy experts explain the challenge facing the Fed in combating inflation and predict what’s next for the U.S. economy.

A new poll shows that just 1 percent of registered U.S. voters say the economy under President Joe Biden is "excellent," a figure that dropped to zero when the survey took into account the opinion of all adult Americans.

Economists have been surprised by recent strength in the labor market, as the Federal Reserve tries to engineer a slowdown and tame inflation.

The U.S. jobs report for August has the potential to tip the scales toward a third large increase in interest rates later this month after a wave of data points to a resilient consumer and high demand for labor.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Job growth likely slowed from July’s frenzied pace, but is still expected to have been quite strong in August, with broad-based hiring across many sectors.

The almighty American consumer is struggling to keep pace amid the highest inflation in 40 years.This earnings season, US retailers have struggled to

Fed Chairman Jerome Powell could deliver the same inflation fighting message in his much anticipated Jackson Hole speech — but with a much tougher edge.