Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and […]
Because of the huge impact of the closure of Shanghai, which has 25 million people, comparing this spring and last spring provides “a misleading picture of […]
The News The United States economy grew faster early this year than previously believed. Gross domestic product, adjusted for inflation, expanded at an annual rate of […]
The housing market is slowing. Businesses are pulling back on hiring and investment. But American consumers are keeping the economy out of a recession — at […]