Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to...
Category: Economy
Key Fed inflation measure eased in December while consumer spending also declined
Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of price increases easing, the Commerce Department...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product,...
U.S. unemployment rate falls in December, but rises for Black women, Hispanic men
Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City. Spencer Platt | Getty Images The U.S. unemployment...