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Economy
Economy
Why the Fed Is Worried About the Strongest Job Market in Decades
And what it plans to do about it.
Featured
Economy
Homebuilder Stock Slump Could Be Overdone
A swift rise in mortgage rates has spooked investors already worried about the highest inflation in decades.
Economy
U.S. Adds 431K Jobs in March in Sign of Economic Health
The robust hiring streak reflects the economy’s resilience amid a continued pandemic and the highest inflation in 40 years.
Top Headlines
Retail Sales Rise as Consumers Show Resilience
Six Months in, 4,300 Infrastructure Projects Underway
Powell: 'Soft' Economic Landing May Be Out of Fed's Control
Has Inflation Peaked?
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Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
Economy
Fed Raises Key Rate by Half Point
And the central bank signaled further large rate hikes to come.
Economy
Fed to Fight Inflation with Fastest Rate Hikes in Decades
The moves will compound Americans' financial strains and likely weaken the economy.
Economy
Construction Spending Declines in March
An industry group suggests a recession could be around the corner.
Economy
U.S. Economy Shrinks in Q1
But economists expect a return to growth for the rest of 2022.
Economy
U.S. Economy Shrank by 1.4% in Q1 but Consumers Kept Spending
The weak showing does not mean a recession is likely.
Economy
Metalformers Report Steady Business Despite Supply Chain Challenges
Companies expect little change in business conditions over the next three months.
Economy
Jobless Claims Rise but Remain Near a Half-Century Low
Employers, who continue to struggle to attract and retain workers, are expected to keep layoffs to a minimum.
Economy
Wholesale Prices Surge 11.2% in March
Higher energy costs are largely to blame.
Big 50
Fastenal Beats Estimates, Posts Sizable Gains in All Categories
The company is offsetting higher employee costs with volume and price increases.
Economy
Biden Waiving Ethanol Rule in Bid to Lower Gasoline Prices
Most gasoline sold in the U.S. is blended with 10% ethanol.
Economy
Inflation's 8.5% Yearly Jump is Highest Since 1981
The latest evidence of accelerating prices will solidify expectations that the Federal Reserve will raise interest rates aggressively.