Consumer Spending Stalled Last Month
The slowdown is good news for policymakers worried about inflation, but a sign that the engine of the economy could be losing steam.
Posted inCompany Reports Corporations Inflation (Economics) Standard & Poor's 500-Stock Index United States Economy
Stock Markets Close Upbeat First Half, but Worries Linger
As companies begin to report earnings and make forecasts, investors are looking for signs of resilience, while executives are playing cautious.
Posted inBanking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lane, Philip Richard Wages and Salaries
Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages
The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.
Posted inCommerce Department Government Bonds Gross Domestic Product Income Inflation (Economics) Interest Rates Recession and Depression United States Economy
GDP Revision Shows Bigger US Economic Growth in Q1
Government data showed that G.D.P. rose at a 2 percent rate in the first quarter, better than initially reported.