The largest companies in the United States are achieving some of their strongest growth numbers since the “Great Recession” from 2007-2009.
Democratic Party leaders had sharp words for President Donald Trump’s economic policies, despite a July jobs report showing the economy continued to grow.
U.S. job growth slowed more than expected in July likely due to companies’ struggles to find qualified workers and the unemployment rate declined, pointing to tightening labor market conditions.
A tweet from House Minority Leader Rep. Nancy Pelosi (D., Calif.) about wages has been rated by Politifact as “Mostly False.”
WASHINGTON (Reuters) – U.S. consumer spending increased solidly in June as households spent more at restaurants and on accommodation, building a strong base for the economy heading into the third quarter, while inflation rose moderately.
The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July.
(Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg’s fortune is set to take a $16 billion hit on Thursday, as the social media giant braces for the biggest one-day wipeout in U.S. stock market history, a day after its executives forecast years of lower profit margins.