Economy

Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet

Federal Reserve Governor Michelle Bowman, who had been one of the central bank’s staunchest advocates for tight monetary policy, said…

Top Goldman Sachs analyst says the world is moving into a new super cycle

The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to…

The 2023 U.S. economy, in a dozen charts

The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…

Global shipping delays cast shadow over strong December jobs report

WASHINGTON — The strong December jobs report released Friday capped off a year of economic wins for the Biden administration.…

Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note

The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data…

U.S. payrolls increased by 216,000 in December, much better than expected

The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than…