US retail sales rose 1.3% last month, a sign of resilience
WASHINGTON — Americans stepped up their spending at retailers, restaurants, and auto dealers…
EXPLAINER: How do we know when a recession has begun?
WASHINGTON — By one common definition, the U.S. economy is on the cusp of a recession.
US inflation reached a new 40-year high in June of 9.1%
WASHINGTON — Surging prices for gas, food and rent catapulted U.S. inflation to a new…
Strikes Roll Across Europe as Unions Push for Higher Wages to Offset Inflation
Strikes are snarling trains in France, delaying criminal trials in England and roiling air travel…
Europe’s Workers Brace for Tough Times as Real Wages Fall
Europeans are likely to see real wages fall faster than their U.S. counterparts, as Russia’s…