Economic Indicators

The OECD became the latest international institution to downgrade the global economic outlook -- the result of inflation, the Russian war in Ukraine and COVID-19 lockdowns in China.

The global economy is at danger of returning to 1970s-style stagflation as it confronts elevated inflation and a slowdown in growth, according to a grim World Bank report.

A Food and Drug Administration (FDA) advisory committee is meeting on Tuesday to discuss a request for emergency use authorization (EUA) for Novavax COVID vaccines.

Vaccine-maker Pfizer said Monday that it would invest $120 million at its facility in Michigan, boosting U.S.-based production of the PAXLOVID coronavirus pill.

Jobs increased in May, and this increase could prepare the Fed to continue raising rates over the next few months.

The Labor Department's May jobs report came in better than expected, paving the way for a series of half-point rate hikes at upcoming Federal Reserve meetings.

Tesla CEO Elon Musk now says he expects the overall headcount at the electric automaker to grow over the next year but the number of salaried staff should be little changed.

The Federal Reserve may trigger a recession with its war on inflation, but economists think the downturn will be a mild one.

The May jobs report came in much hotter than expected, with hiring at the leisure and hospitality industry leading the way.

The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite headwinds from rising interest rates, soaring inflation, a worsening labor shortage and fears of a slowdown.

The Labor Department's May jobs report is expected to show that while payroll growth continued at a modest pace, it slowed markedly from previous months.

The Biden administration is trying to emphasize to voters that it's maximizing efforts to bring prices under control as inflation hovers near a 40-year high.

Good orders at U.S. factories rose far less than expected in April, likely the result of continued supply chain snarls.

Private companies added just 128,000 jobs in May, sharply, marking the worst month for job creation since April 2020, when the pandemic shut down a broad swath of the nation's economy.

FOX Business host Larry Kudlow rips President Biden's plan to address inflation and reveals a better plan to help the struggling U.S. economy on 'Kudlow.'

Economists from Credit Union National Association (CUNA) predict that the Federal Reserve's fight against inflation could send interest rates soaring and also spur a recession as soon as next year.

The Federal Reserve said in a new report Wednesday that inflationary pressures, a labor shortage and supply chain bottlenecks continued to weigh on businesses.

Federal Reserve officials will begin winding down their massive balance sheet on Wednesday at a combined monthly pace of $47.5 billion.

A near-record number of Americans quit their jobs in April, while employers posted a high number of open jobs, suggesting the labor market remains extremely tight.

The headline unemployment figure is artificially depressed by excluding people who might only be earning a few dollars a week, but who want to find full-time work.