Will inflation continue to slow at a solid pace? Economists are warily watching a few key areas, like housing and cars.
Category: United States Economy
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
The United States is trying to lessen its dependence on Chinese goods, but research is showing how tough it is to truly alter global supply chains.
What China’s Economic Woes May Mean for the U.S.
The fallout is probably limited — and there may be some upside for American interests.
In a Hot Job Market, the Minimum Wage Becomes an Afterthought
The federal wage floor of $7.25 is increasingly irrelevant when even most teenagers are earning twice that. But what happens when the economy cools?
How Geopolitics Is Complicating the Move to Clean Energy
The fate of Indonesia’s unrivaled stocks of nickel — a critical mineral used to make batteries for electric vehicles — is caught in the conflict between the United States and China.
CEO Changes at Gap and Kohl’s Signal Trend for Female Executives
Several prominent companies, like the Gap and Kohl’s, have recently replaced female leaders with men. Industry observers see a loss in gender representation.
Inflation Rose to 3.2%, but Overall Price Trends Are Encouraging
Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures continued to moderate in July.
U.S. Adds 187,000 Jobs in July as Economy Cools
Employers added 187,000 workers in July, a slower pace than the recent norm, but “more sustainable,” one economist said.
Strong Economic Data Buoys Biden, but Many Voters Are Still Sour
Voters continue to rate the president poorly on economic issues, but there are signs the national mood is beginning to improve.
A Strong Peso Gives Mexicans Working Abroad Less Bang for Their Buck
The peso’s soaring value means the money that Mexicans in the United States send home doesn’t go as far as it used to.