US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling

The US economy grew at its slowest pace in two years in the ... showed that American consumers remain strong after years of hiring and wage growth. Spending was driven by healthcare, financial ... Read More

A brief history of U.S. unemployment

The federal government has tried various methods over the years ... an economic slump that lasted until the mid-1980s. Inflation rose and the economy’s growth began to slow, a trend known ... Read More

U.S. Job Growth Cools in April, Misses Economists' Forecasts as Wage Gains Taper

In a shift that could ease pressure on the Federal Reserve to keep interest rates sky-high, April saw U.S. employers take a breather from their hiring frenzy adding a modest 175,000 jobs, a drop from ... Read More

Spotlight/economy: Wage growth is slowing

The surge in wages stemming from the Covid-19 pandemic is losing steam. The average weekly wage across the Buffalo Niagara region is growing at its slowest pace in two years. The average weekly ... Read More

U.S. GDP growth cools markedly in Q1, to its slowest pace in two years

That's its slowest pace in two years. Real GDP growth in the ... filter through the economy. "Once one looks below the topline, the economy looks quite strong," said RSM US Chief Economist Joseph ... Read More

U.S Economic Growth Slowed at Start of Year

U.S. economic growth slowed in the first three months of the year, falling short of expectations. Gross domestic product expanded by a 1.6% seasonally- and inflation-adjusted annual rate ... Read More

$2 million a day in wages: The devastating Baltimore bridge collapse will have sweeping economic impacts

Oxford Economics doesn’t expect the reshuffling to have any material impact on the nation’s $28 trillion economy or economic growth this year ... slow sales of electric vehicles and SUVs in ... Read More

The Next New Deal

Meanwhile, economists bemoaned the anemic U.S. personal ... to collapse within fifteen years, and that if current trends continued, total health-care spending would rise to an economy-shattering ... Read More

SVB Collapse Stops Big Fed Rate Hike Bets In Their Tracks, Hammers U.S. Stocks

Then came the SVB collapse ... Friday's February jobs report, which showed U.S. employers added a bigger-than-expected total of 311,000 new jobs to the economy last month, with year-on-year wage ... Read More

Immigrant America

At thirty-two and after ten years on ... model and its economic opportunities were not well known, it had to resort to deliberate recruitment. Thus, the vaunted "pull" of U.S. wages had to be ... Read More

China’s Growth Slows to Three-Decade Low Excluding Pandemic

HONG KONG—China’s growth rate finished at one of the lowest levels in decades last year, underscoring the heavy toll that a property-sector collapse ... economy expanded in 2023 at the slowest ... Read More