Economy

The floor of the New York Stock Exchange, Dec. 29, 2022.
Economy
Signals Point to Gentler Fed in 2023
Investors are hoping for a dovish turn from the central bank.
Featured
Houses under construction in Mars, Pa., May, 27, 2022.
Economy
Fewer Homes Being Built as Builders Pull Back
The trend is likely to extend into the new year.
December 9, 2022
Screen Shot 2022 11 03 At 3 24 41 Pm
Economy
STAFDA Economic Advisor Warns Distributors to Make a Plan
The industrial sector remains strong, but trouble could be looming.
November 4, 2022
McDonald's location in Sunny Isles Beach, Fla., Oct. 2021.
E-Commerce
Key Inflation Gauge Stays High
The metric signals that prices for most goods and services are still rising.
October 28, 2022
People carry a television to their car at a Best Buy store, Overland Park, Kan., Nov. 26, 2021.
Economy
How a Strong Dollar Affects Everyone
The buck isn’t stopping.
September 19, 2022
Screens display end-of-day trading results at the New York Stock Exchange on May 12, 2022, in New York.
Economy
How Do We Know When a Recession Has Begun?
By one common definition, the U.S. economy is on the cusp of a recession.
July 27, 2022
Top Headlines
Target store in Pittsburgh, Jan. 23, 2023.
U.S. Inflation, Consumer Spending Cooled in December
January 27, 2023
An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. On Thursday, the Commerce Department issues its first of three estimates of how the U.S. economy performed in the fourth quarter of 2022.
U.S. Economy Slowed but Still Grew at 2.9% Rate Last Quarter
January 26, 2023
Federal Reserve Chair Jerome Powell during a news conference, Dec. 14, 2022, Washington.
Fed, Markets in Standoff on Rate Hikes
January 25, 2023
Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, Times Square, New York, April 14, 2021.
Businesses Expect Job Cuts in '23 Amid Recession Fears
January 23, 2023
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2023
Economy
Predictions for Manufacturing in 2023 – Part II
Industry leaders offer their thoughts on what to expect in 2023.
January 17, 2023
A display in the Westfield Garden State Plaza shopping mall, Paramus, New Jersey, December 17, 2022.
Economy
Inflation Falls for 6th Consecutive Month
The numbers add to growing signs that the worst inflation bout in four decades is waning.
January 13, 2023
A hiring sign displayed at a job agency in Mount Prospect, Ill., Jan. 3, 2023.
Economy
As Inflation Eases, Economic Optimism Rises
Can the U.S. avoid a recession?
January 11, 2023
Early-morning light shines on shops in Bar Harbor, Maine, June 11, 2022.
Economy
Small Business Face a Long List of Challenges in 2023
Inflation, labor issues and recession worries continue to challenge smaller companies.
January 11, 2023
Container cranes at a port in New Jersey behind the Statue of Liberty, Nov. 20, 2022.
Economy
World Bank: Recession a Looming Threat for Global Economy
Officials expect weaker growth in all the world's top economies — the U.S., Europe and China.
January 11, 2023
The Federal Trade Commission building in Washington, Jan. 28, 2015.
Economy
FTC Proposes Ban on Employee Noncompete Clauses
The measure could make it easier for people to switch jobs — and deepen competition for workers.
January 6, 2023
Construction workers on a building in Philadelphia, Dec. 21, 2022.
Economy
Cooler Hiring, Milder Pay Gains Could Aid Inflation Fight
Average hourly pay growth eased in December to its slowest pace in 16 months.
January 6, 2023
New cars delivered to a dealer in Pittsburgh, Sept. 29, 2022.
Economy
Inflation Measure Watched by Fed Eases
But inflation still remains well above the central bank's target for year-over-year growth.
December 23, 2022
Walmart store in Secaucus, N.J., Nov. 22, 2022.
Economy
U.S. Consumer Confidence Rebounds in December
A sharp increase pushed the index to its highest level since April.
December 21, 2022
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Economy
Recession a Growing Fear as Fed Plans to Keep Rates High
Fed officials appear to expect — or at least accept — an economic downturn as the price of taming inflation.
December 16, 2022
Federal Reserve Chair Jerome Powell during a news conference at the Federal Reserve Board Building, Washington, Dec. 14, 2022.
Economy
Fed Raises Key Rate by Half-Point
The increase was the seventh this year — with more on the way.
December 15, 2022
Starting wages advertised at a Taco Bell in Sacramento, Calif., May 9, 2022.
Economy
Inflation Slowing, but Still High
What you need to know.
December 14, 2022
People shop for fruits and vegetables at S. Katzman Produce, Hunts Point Produce Market, the Bronx, Nov. 22, 2022.
Economy
Inflation Slowed Sharply Over Past 12 Months
From October to November, core prices rose 0.2% — the mildest increase since mid-2021.
December 13, 2022
Wight's Meat Packing facility in Fombell, Pa., June 16, 2022.
Economy
Wholesale Inflation Slows Further in November
But prices still rose 7.4%.
December 9, 2022