Economy News U S Job Growth Exceeds Expectations

Nearly a quarter of U.S. households live paycheck to paycheck, report finds

The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds. Read More

This Is How Our Economy Comes Crashing Down

But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers and stocks — are looking wobbly. A Jenga-like collapse, meaning an ... Read More

The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year

First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans are contending with a global trade war and a slowing job market. After five ... Read More

Federal Reserve cuts interest rates again as concerns grow about U.S. job market

The Federal Reserve lowered its benchmark interest rate today for the second time in six weeks. The central bank is trying to shore up the sagging job market. The Federal Reserve lowered its benchmark ... Read More

U.S. economy at risk of wobble as lower-income consumers get squeezed

WASHINGTON -The U.S. consumer’s durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the ... Read More

Stocks climb after upbeat earnings, economic data; Treasury yields jump

Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data. Read More