Category: Economy

Fed says US economy grew a bit faster in September

U.S. economic growth accelerated slightly as summer ended and fall began, supported by modest hiring, an uptick in consumer spending, and steady homebuilding, according to the Federal Reserve. The Fed’s “Beige Book” survey of...

U.S. lags other countries in wage growth

Since the Great Recession, America’s pay increases have stacked up poorly compared to other developed countries. Eight years after Lehman Brothers’ bankruptcy filing signaled the start of the financial crisis, the U.S. has posted...