The U.S. economy grew a healthy 4.3% in the third quarter, fueled by consumer spending despite uneven income gains, rising inflation, and weakening sentiment. More

Inflation cooled sharply and missed forecasts, but data gaps related to shutdowns raise concerns about the reliability of the data, complicating the Fed’s rate outlook. More

Steakhouses are having to balance higher prices vs. customer satisfaction. The number of 401(k) millionaires continues to grow across the United States. CDs and DVDs are having a resurgence. Catch up on the latest Economics in the News. More

The labor market is losing momentum, as modest job gains are moderate and concentrated, and rising unemployment reduces wage growth that barely keeps pace with inflation. More