Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
Category: Interest Rates
Office Buildings’ Losses Are Growing, With More Pain to Come
The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.
GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
Ampla, a Lender to Consumer Brands, Faces Financial Struggles
Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.
The Fed Tries to Steer Clear of Politics, but Election Year Is Making It Tough
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.