“The income inequality that exists in this country is a disgrace,” said AFL-CIO President Richard Trumka.
Fed’s Williams sees good outlook, 2-3 rate hikes this year
The U.S. economic outlook is “definitely looking good,” San Francisco Federal Reserve Bank President John Williams said on Friday.
Empire State May manufacturing survey surprises with a negative reading
Manufacturing activity in New York State unexpectedly slumped in May, a New York Federal Reserve survey showed on Monday.
Fed’s Lacker says June hike should be on the agenda
The Fed should consider raising rates at its June meeting, Richmond Fed President Jeffrey Lacker told the Washington Post.
US April retail sales post largest gain in a year
U.S. retail sales surged, suggesting the economy was regaining momentum after growth almost stalled in the first quarter.
US producer prices rise modestly in April
U.S. producer prices rose in April as energy prices increased.
This is the real American dream, according to Americans
Take our short quiz to see if your dream matches other U.S. adults’.
US business inventories post largest gain in 9 months
U.S. business inventories rose as automobile stocks recorded their biggest increase since 2013.
Don’t believe what Donald Trump says: He won’t raise minimum wage
Donald Trump’s flip-flops on minimum wage would confuse even the most ardent supporter. But Judy Conti says he’ll fall in line with the GOP.
Consumer sentiment at highest since June
Consumers were feeling more optimistic this month, as expectations for future growth hit highs for the year.
Strategist: Data isn’t overwhelmingly great, but the US is not in a recession
One strategist is maintaining his fairly optimistic outlook despite the looming risks of certain events in the early summer.
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