U.S. economic growth was much weaker than expected at the start of the year and prices rose faster, the Commerce Department reported Thursday. According to the ministry’s Bureau of Economic Analysis, gross domestic product, a broad measure of goods and services produced in the January-March period, rose a seasonally adjusted 1.6% on an annual basis….
Flat Rock, North Carolina, parked tractor trailer billboard with now discontinuing Ingles Supermarket. Jeff Greenberg | Universal Images Group | Getty Images Private sector job growth grew in March at its fastest pace since July 2023, indicating continued momentum in the U.S. labor market, payroll company ADP reported on Wednesday. Companies added 184,000 workers during…
The last time the American economy posted surprising growth figures amid rapid wage increases and moderate inflation, Ace of Base and All-4-One topped the Billboard charts and denim overalls were in style. Thirty years ago, Federal Reserve officials debated vigorously whether the economy could continue to grow at such a strong rate without causing a…
