Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under control. Steve…
When the Commerce Department reported last month that U.S. economic output contracted for two consecutive quarters during the first half of the year, it raised fears the U.S. might be in recession, defined in a popular rule of thumb as…
Consumer prices this past week fell more than expected. October inflation was 3.2%—essentially flat. Lower gasoline prices helped, and higher shelter costs hurt. But digging deeper into the report provides some interesting—even…