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The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.- 'Value of talent' - Low unemployment, wage growth and hiring have underpinned consumers' willingness to spend.
The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.
Jobless claims fell by more than expected last week, but we also keep hearing about high-profile layoffs. Where's the disconnect?
WASHINGTON: US consumer inflation cooled in January but at a slower rate than expected, resisting President Joe Biden’s efforts to soothe families’ co...
The Labor Department’s latest report indicates inflation was slightly hotter than expected in January.