The Schumer-Manchin compromise is a step in the right direction.
Tag: Federal Reserve System
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Pay growth and prices picked up, keeping the Fed on track for rate increases.
The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.
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How Do Workers’ Wages Relate to Inflation?
Why workers’ pay has become central to inflation debates.
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The S&P 500 is about to have its best month since November 2020.
The rebound in stocks is a reflection that the current round of updates from corporate America are not as bad as feared. But there are still reasons for investors to be wary.
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The Big Economic Question
It is not whether the U.S. is in a recession. It’s whether the economy will soon worsen.