Newly released data shows the U.S. economy was already showing signs of strain even before the launch of the Iran war, underscoring the risks that rising energy prices could pose.
U.S. inflation slowed unexpectedly last month according to data that was delayed and likely distorted by the government shutdown.
The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade.
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls.
When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event.
