Economy

Fueled by a resurgent stock market and rising home values, US household wealth hit a record $154.3 trillion during the second quarter of this year, according to federal data. Consumer wealth has [...]

Major stock indexes on Wall Street closed lower Tuesday, giving back some of their recent gains as traders returned from a long holiday weekend. The S&P 500 fell 0.4%, while the Nasdaq [...]

However, the unemployment rate was 3.8%, up significantly from July and the highest since February 2022.   The U.S. added more jobs than expected in August, a sign of resilience for a labor [...]

The economy added 187,000 jobs last month but also saw an uptick in unemployment, the Bureau of Labor Statistics reported.   WASHINGTON — President Joe Biden touted the jobs report released [...]

The US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price increases. Gross [...]

The U.S. economy had nearly 1 million job openings in the construction and manufacturing industries in June America’s shortage of skilled workers is impacting the ability of businesses in the [...]

Texas may be used to sweltering temperatures, but as extreme heat persists in cities such as Houston, it could affect its overall economy. Between mid-June and mid-July, payroll platform Gusto [...]

The Federal Reserve will set interest rates Wednesday, with economists predicting one more move higher in its fight against inflation. All 106 economists surveyed by Reuters between July 13 and [...]

The gender pay gap still exists, with women who work full time earning just 84% of what comparably employed men are paid. However, the pay gap is shrinking — and to its narrowest point on record [...]

Americans have 10% to 15% more in the bank than they did pre-pandemic, says a new survey of millions of Chase customer accounts. But that may not last long: Households are quickly spending the [...]