Hiring has throttled back from 2021 and 2022, but was impressive last year by longer-term standards.
Category: United States Economy
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Stocks On Track to End Longest Winning Streak in 20 Years
The S&P 500 is on track for its first weekly decline since October, ending Wall Street’s longest winning streak in nearly 20 years.
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What Investors and the Fed Will Look For in the Jobs Report
All eyes will be on the latest nonfarm payrolls data scheduled for release on Friday. Here’s what to look out for.
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U.S. Awards Chip Supplier $162 Million to Bolster Critical Industries
The Biden administration said its second grant under a new program would help Microchip Technology expand its facilities in Oregon and Colorado.
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General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
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Will America’s Good News on Inflation Last?
One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.
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From A.I. to inflation, 11 business charts that explain 2023
Inflation, bank failures, strikes, and artificial intelligence provided some of the biggest stories and trends of 2023.
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Wall Street strategists’ bull and bear scenarios for 2024.
Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
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Holiday Spending Increased, Defying Fears of a Decline
While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
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Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.
Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be determined.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.