Red-hot inflation is eroding American’s wage gains and hurting Democrats in an election year Inflation surged more than expected in January, notching another four-decade high as strong consumer demand and pandemic-related supply-chain snarls fueled rapid price gains that wiped out … Read More
Economists expected payrolls to increase by 550,000 in November. U.S. job growth significantly undershot expectations in November, suggesting that difficulty in attracting new workers is weighing on the labor market’s recovery from the pandemic, even as COVID-19 cases dissipated nationwide. … Read More
From the second quarter Phoenix Management “Lending Climate in America” Survey, results show a positive outlook for the U.S. Economy and set a record high for the near-term GPA in the history of the survey. Lenders’ confidence on how they expect the … Read More