The U.S. economy added 435,000 more jobs in March in the last nonfarm payrolls report of the year's first quarter. However, these numbers fell below forecasts that expected closer to 490,000 new jobs.
The U.S. economy saw 4.35 million more Americans quit their jobs in February as the Great Resignation continues apace.
President Joe Biden has been hammered by problems at home and abroad that have eaten into his approval ratings as only 40% of Americans said they back him.
The number of consumers who report living paycheck to paycheck has increased significantly since 2021 across all income brackets.
Orders for U.S. durable goods fell by 2.2% in February, ending four consecutive months of growth.
A group of seven Florida men stand accused of "hacking" gas stations in two counties to get cheaper fuel with prices rising nationwide.
U.S. retail sales fell in February, growing by only 0.3% after seeing a strong surge in spending in January. Rising inflation has been deemed the cause of this sharp decline.
The Federal Reserve is expected to announce an interest rate hike on Wednesday to tame rising inflation, but does it risk also pulling the U.S. economy into a recession?
Wholesale inflation has gone up in the last year as producers grapple with the rising costs of final demand goods. This news comes before the Federal Reserve is expected to announce a hike in interest rates.
American consumers are not feeling any more confident in March than they were in February with many now concerned by how the war in Ukraine will drive up inflation at home.
U.S. inflation rose 7.9% over the past year, fueled by spikes in gas and food prices.
The Labor Department reported close to 5 million job openings that are not being filled only a week before the Federal Reserve decides on whether it will hike interest rates.
“If a company can shrink the package and charge the same price, that in essence is a price increase to the consumer."
Actor George Takei was criticized over posting a tone-deaf message on Twitter about the Russia-Ukraine conflict.
President Joe Biden will deliver his first State of the Union address and lay out how he plans to tackle the enormous challenges facing the U.S. and the world.
President Joe Biden will deliver his first State of the Union address amid the Russian invasion of Ukraine, his recent Supreme Court pick Judge Ketanji Brown Jackson, and the ongoing effects of the COVID-19 pandemic.
The Fed's core inflation metric showed a rise of 6.1% in the last year ahead of the central bank's upcoming meeting in March, when it is expected to raise interest rates.
Retail sales saw a notable boost in January with sales rising 3.8% despite concerns about the Omicon variant of COVID-19 and rising inflation.
The uphill battle against inflation for the U.S economy has only grown steeper after the price of wholesale goods more than doubled in the last month and soared by 9.7% for the last year.
The chief of the St. Louis Federal Reserve is urging the central bank to raise interest rates at the next month in March and bring an end to what he perceives as an overly accommodative monetary policy.
President Biden gave an interview to NBC's Lester Holt after the news broke of inflation rising to a 40-year high.
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