The U.S. goods trade deficit narrowed sharply in February, which could prompt economists to raise their estimates for first-quarter gross domestic product. » Read More
Four in five bankers believe AI will "revolutionise" the way in which banks gather information as well as how they interact with their clients. » Read More
By: Cora Lewis
Industrial robots have had "large and robust negative effects" on employment and wages, a new paper shows according to Buzzfeed. » Read More
Want to earn the big bucks? Here's where the money's at.
The buying power of the federal minimum wage hasn't kept up with inflation, despite periodic increases.
The number of Americans filing for benefits unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum.
The health of the U.S. employment picture, despite the strong rebound in June, remains a work in progress and is still not inspiring much confidence.
Trump's campaign slogan may jibe well with many Americans, but it may be antithetical with how Cleveland's economy has changed.
U.S. homebuilders lost a little faith in their market in July, as foot traffic of potential buyers thinned and construction constraints continued.
Critics say Donald Trump's immigration policies will wreck the US economy. These five states in particular could be the biggest casualties.
Inflation rose for a fourth straight month as Americans paid more for housing, gas and health care, pointing to rising inflation pressures.
U.S. industrial production rose more than expected in June on large gains in automotive manufacturing and utility output, the Federal Reserve said.
U.S. retail sales posted a healthy increase in June, another sign that consumer spending picked up in the spring.
Billions of online transactions that are tracked on a daily basis by Adobe show deflation is rampant across several consumer categories.
The Labor Department said Thursday its producer price index for final demand rose 0.5 percent in June, versus analysts' expectations of 0.3 percent.
The number of Americans filing for benefits held at lower levels, pointing to momentum in the labor market after job growth surged in June.
The Fed should not be in any hurry to raise rates because inflation is low and the economy is still short of full employment, a top Fed official said.
The Brexit-induced boomlet in mortgage refinances is still cooking with gas.
The sharp rebound in U.S. job growth last month eased concerns that the country's labor market had regressed, a top Fed official said on Wednesday.
The St. Louis Fed president on Tuesday stuck with his view that only a single interest rate increase will be needed for the foreseeable future.
Job openings slid in May, the Bureau of Labor Statistics said on Tuesday.
June's massive jobs beat shows the United States is on track to achieving full employment, Jared Bernstein said.
Job growth picked up in June, and some sectors were hiring much faster than others.
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