An unexpectedly large increase in payrolls and a drop in the unemployment rate stuns analysts, increasing the likelihood policymakers will extend their tight monetary policy. More

Banks are bracing for more consumers to fall behind on their monthly payments. China is poised to become the world's No. 2 exporter of passenger vehicles. Holiday debacle to cost Southwest Airlines more than $1 billion. Catch up on the latest Economics in the News. More

US households spend less in December which eases inflationary pressures. Read a summary and analysis of the Personal Income and Outlay's report issued by the BEA. More

Slower growth and lower inflation – Will we have a soft landing, or are we in the beginning of a recession? A review an analysis of the BEA's Advance Estimate. More