Government, Business
US Payrolls, Wages Cool as Trade War Weighs on Economy
U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.
Reade Pickert and Jeff Kearns | Bloomberg News
June 7, 2019Government, Business
March Consumer Spending Jumps as Core Inflation Eases
U.S. consumer spending rebounded in March while the Federal Reserve’s preferred underlying inflation gauge eased to a one-year low, reinforcing the central bank’s patient stance on interest rates even as the economy’s main engine holds up.
Reade Pickert and Jeff Kearns | Bloomberg News
April 29, 2019Government, Business
Growth of 3.2% Tops Forecasts on Trade, Inventory Boost
Economic growth accelerated in the first quarter on a big boost from inventories and trade that offset slowdowns in consumer and business spending, with President Donald Trump touting the report as much stronger than expected.
Reade Pickert and Jeff Kearns | Bloomberg News
April 26, 2019Follow Us
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