Economy

Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…

Why an indicator that has foretold almost every recession doesn’t seem to be working anymore

Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong…