Economy
Trump’s Latest Fed Nominee Played Crucial Role in Recovery From ’08 Crisis
Liang, who has a Ph.D. in economics, joined the Fed in 1986 as a research economist.
Retail Sales Inch Up as Consumers Spending Slows
Retail sales barely rose in August as consumer spending slowed after six months of robust shopping.
Industrial Production on Track for Strongest Year Since 2010
The Federal Reserve says industrial production is on track for its strongest annual growth since 2010.
Trusted Atlanta Fed President Sees Strong Growth, Gradual Rate Hikes
A recent survey shows trade war fears have had "only a small negative effect on U.S. business investment so far."
US Median Income Rises Again on Strong Jobs Numbers
Median incomes for a typical household, adjusted for inflation, rose 1.8%, from $60,309 in 2016 to $61,372.
Fed: Consumer Borrowing Up Double the Pace in July
Consumer borrowing rose a seasonally adjusted $16.6B in July, up sharply from a gain of $8.5 billion in June.
Jobs to Left, Tariffs on Right: Can US Economy Defy Threats?
Unemployment is near record lows, wages are rising and the economy is booming, but there are pitfalls ahead.
Jobs Up, Unemployment at 18-Year Low as Trump Economy Roars On
Average hourly wages rose last month and are now 2.9% higher than a year earlier, the fastest gain in eight ...
Have We Been Reading the Yield Curve’s Recession Warnings All Wrong?
The current yield curve is the closest it’s been since 2007, but does that really mean we'll have a recession?
Job Growth, Tax Cuts Send Consumer Spending Soaring for Sixth Straight Month
The July spending gain, fueled by strong job growth and tax cuts, followed a similar 0.4 percent rise in June.
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