Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling

Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling

Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.
Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet

Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet

Despite a barrage of interest-rate increases, the economy is faring better than many on Wall Street had imagined. But the wild card of inflation still looms.