Unemployment rate in Pennsylvania drops to new record low
The unemployment rate in Pennsylvania dropped to 3.9%, another record low.
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Has the economy already toppled into a recession? Probably not, but it's headed toward the danger zone.
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Debt Ceiling: 6 Million Jobs, 7% Unemployment Rate Are on the Line If Government Defaults
On January 19, the U.S. government reached its debt ceiling limit of $31.4 trillion, provoking U.S. Treasury Secretary Janet Yellen to tell Congress "extraordinary measures" would start to roll out in...
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If ‘Dr. Copper’ is your source for information about the stock market’s health, you’d better get a second opinion
If copper were a reliable leading indicator, both the U.S. economy and stock market would be much lower than they were last summer. The S&P 500 (SPX) now is more than 7% higher than at 2022’s midyear mark. Shooting down that myth doesn’t mean the outlook for the U.S. economy and the stock market isn’t better than it was last summer.
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US economic growth stronger than expected
The US economy grew at an annual rate of 2.9% at the end of 2022, but home sales and construction tumbled.