China's economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks.
Hundreds of cities and towns are seriously short of housing, both homes to buy and rentals, according to a new study. It's the main reason that home prices and rents are so high.
s Wall Street worries about the effects of high inflation and a potential recession, company forecasts will give investors a better sense of where the U.S. economy may be heading.
More people retired during the COVID-19 pandemic than expected. But with rising inflation, a plunging stock market and a hot housing market, some are wondering if they left their jobs too soon.
Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.
Inflation hit a new, four-decade high of 9.1% last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.
There's still a shortage of child care teachers and that's keeping parents out of the workforce. Dozens of states are trying to lure back providers and lower costs for families.
A new study finds American companies are using remote work as a way to avoid giving workers raises; so much so that it's helping to moderate inflation.