U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.
All that whipsawing on Wall Street in the first half of the year reflects real nervousness. Investors are worried the Fed may tip the economy into a recession.
In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.
In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.
The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.
With inflation at a four-decade high, a growing number of forecasters worry the U.S. economy may be headed to a recession as the Fed gears up to raise interest rates aggressively.
The COVID-19 pandemic may have doubled the demand for charity food aid in the United States. At the same time, the pandemic is drying up the pool of volunteer labor that keeps food aid running.
The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won't repair all of the damage done during the spectacular downturn three months earlier.
COVID-19 lockdowns decimated the travel industry and there is little hope it will bounce back any time soon. Visit Macon, the local convention and visitors bureau, is seeing some signs of recovery but it is clear it will take time to reach the level of business enjoyed before the pandemic.
Atlanta’s Donald Glover has found a new level of success. He’s an actor, the creator of a hit show named after his hometown of Atlanta, and a rapper...