When will the Fed start lowering interest rates? Its recent forecast for two more rate hikes this year has pushed out estimates for rate cuts.
Author: Paul Davidson, USA TODAY
Fed likely to skip next rate hike (Wednesday) but signal it’s not done, economists say
The Fed is expected hold its key interest rate steady after raising it sharply to fight inflation. It’s also likely to signal it’s not done hiking.
What is a bull market? As S&P 500 index swings back, here’s what you should know
The S&P 500 index just returned to being in a bull market. What is a bull and bear market? And does it mean clear sailing for stocks?
Are we in a recession? US economy has been remarkably resilient so far
Since early 2022, economists have pushed out recession forecasts. But manufacturing is shrinking, home prices are falling. Are we in a recession now?
That summer job before college? It comes with a raise. Teens cash in on hot labor market
Teenagers are benefiting from a strong job market as many employers still struggle to find workers. Wages for teens are higher than last summer.
5 signs the job market is cooling despite the blockbuster May jobs report
There are signs the job market is losing steam despite the booming 339,000 payroll gains highlighted in the May jobs report.
May jobs report released: Booming 339,000 jobs added as unemployment rises to 3.7%
Employers added 339,000 jobs in May despite high interest rates and inflation. Unemployment rose to 3.7%
Is there a labor shortage? It’s easing in most places, but not much in the South. Here’s why.
Worker shortages are easing across the U.S. but remain more prominent in the South. The region accounts for most of the nation’s deficit in employees
Debt ceiling deal passes House and stock futures take milestone in stride
Stock futures were little changed early Thursday after the House passed a debt limit deal to avoid a default. Investors have long expected a deal.
To default or not to default: What debt ceiling deal means for the economy and your wallet
As the White House and Congress near a deal to raise the nation’s debt ceiling, what a deal – or what no deal – would mean for you and the economy.