Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
Category: United States Economy
-
Why the Stock Market’s Summer Doldrums Are Not a Problem
After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
-
At Jackson Hole, Powell Faces a Changed Economy and Market
Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.
-
How the Jackson Hole Conference Became an Economic Obsession
Investors and economists are watching the event this week closely. How did a remote Wyoming conference become so central?
-
Biden Incentives for Foreign Investment Are Benefiting Factories
Early data suggest laws to increase semiconductor production and renewable energy technology have shifted the makeup of foreign direct investment — but not increased it.
-
U.S. Jobs Total 300,000 Less Than in Earlier Data Through March
Revised figures for the year ended in March show 300,000 fewer jobs at the close of the period than previously reported.
-
In a Hot Job Market, the Minimum Wage Becomes an Afterthought
The federal wage floor of $7.25 is increasingly irrelevant when even most teenagers are earning twice that. But what happens when the economy cools?
-
UPS Workers Avert Strike by Approving New Contract
The vote by members of the Teamsters union removes a potential threat to the economy.
-
Commerce Secretary Gina Raimondo to Visit China Next Week
The trip by Gina Raimondo, the secretary of commerce, comes at a tense moment for the U.S.-China relationship and the Chinese economy.
-
Could U.S. Toughness on Chinese Business Have Unintended Consequences?
Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have unintended consequences.
-
The Outlook for the Economy Has Improved. And Yet.
The prospects for a soft landing for the economy and the markets look better than they have in months. Our columnist is still worried.
-
Interest Rate Jitters Sink the Giants of Tech
Apple, Nvidia, Tesla and Microsoft are among the giants that have tumbled by at least 10 percent in the past month after powering a market rally earlier this year.