

Ben Casselman
Posts

What to Make of the Jobs Report’s Mixed Signals
The monthly data is drawn from two surveys. This time, one was quite strong, and the other flashed warning signs.

Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts
The latest data could add to fears that the labor market remains too hot to bring inflation fully under control.

Alzheimer’s Takes a Financial Toll Long Before Diagnosis, Study Finds
New research shows that people who develop dementia often begin falling behind on bills years earlier.

GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.

Inflation Data Could Show Signs of Progress After Disappointing Run
The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.

Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.

U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.

U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.

3 Facts That Help Explain a Confusing Economic Moment
The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been...

Housing Costs Continued to Rise Faster than Before the Pandemic
It will be difficult for the Federal Reserve to rein in inflation fully if shelter costs continue to run hot.