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.
Airlines Are Thriving as People Keep Traveling

Airlines Are Thriving as People Keep Traveling

Three large U.S. airlines have reported strong quarterly sales and profits in recent days because of strong demand, high fares and relatively low fuel prices.