Jobs report shows blowout 517,000 gain in U.S. employment in January
The numbers: The number of new jobs created in January rose by 517,000 to mark the biggest gain in six ...
Tag: Economic Growth/Recession
Jobs report ‘ends U.S. recession fears’: Economists react to huge gain in employment
The January jobs report on Friday showed the U.S. economy gained 517,000 jobs last month, with the unemployment rate falling ...
‘It seems everyone is bracing for a recession’: U.S. factories contract for third month in a row, ISM finds
The numbers: A key barometer of American factories contracted for the third month in a row to 47.4% and touched the ...
Consumer confidence slips at start of 2023 as U.S. recession worries grow
The numbers: A survey of consumer confidence slipped in January to 107.1, reflecting growing worries about a potential recession as ...
U.S. employment costs rise more slowly, but still too fast for Fed comfort
The numbers: The U.S. employment cost index rose more slowly at the end of 2022 for the third quarter in ...
Workers love big raises. The Fed, not so much. Why pay has a big role in inflation fight.
The fate of the economy in 2023 — and whether the U.S. sinks into recession — could depend on an ...
U.S. and global economies may have dodged a bullet, IMF says, but they’re still in a danger zone
The U.S. and global economies are set to slow in 2023 as central banks ramp up their fights against inflation, ...
Recession watch: U.S. economy is on shaky ground
Has the U.S. economy already toppled into a recession? Probably not, but it’s headed toward the danger zone.The economy entered ...
Opinion: The party is over: The Fed and Congress have pulled their support from workers and investors
Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth ...
Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation ...
Consumers spending falls at the end of 2022 and that’s not good news for the U.S. economy
The numbers: Consumer spending fell 0.2% at the end of 2022, indicating the U.S. economy entered the new year with ...
U.S. stock futures weaken ahead of key inflation data, as traders weigh whether to extend rate-hope rally
U.S. stock futures slipped on Friday ahead of key economic data, as traders weigh whether to extend a rally fueled ...
U.S. economy doesn’t look as good as GDP suggests
The U.S. economy grew at a seemingly snappy pace in the waning months of 2022, but it appears to have ...
Biden to talk about U.S. economy as slowdown in growth expected
President Joe Biden on Thursday is slated to talk up the U.S. economy’s performance in his first two years in ...
Treasury yields extend rise after U.S. GDP reading, other economic data
Treasury yields extended a rise on Thursday following a stronger-than-expected reading on U.S. fourth-quarter economic growth, as improved risk appetite ...
Asian markets mixed as investors weigh odds of avoiding recession
BEIJING — Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates ...
U.S. economy ended 2022 on solid footing, GDP to show. But a recession might loom.
The U.S. might be headed for a recession this year, but it would be hard to tell based on the ...
This major economic indicator keeps forecasting recession
The numbers: The U.S. leading index sank 1% in December and flashed even stronger signals that a recession is likely soon.Economists ...
A recession is coming, economists say. Some even think it’s already here
More than half of the nation’s business economists think the U.S. will sink into recession in the next year, with ...
A ‘zero’ economy? No growth and rising unemployment forecast for 2023
The U.S. is going to experience “zero” growth in 2023 and teeter on the verge of recession, economists say, as ...
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U.S. egg shortage breeds chicken-feed conspiracies
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Chase Stokes And Madelyn Cline Open Up On Filming ‘Outer Banks’ Season 3 After Their Breakup: ‘Work Was Always Going To Come First’
Madelyn Cline and Chase Stokes know how to keep things strictly professional on set of “Outer Banks”.The co-stars who previously...
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