The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.
The Government Accountability Office says 3 million more Americans are likely to have experienced underwithholding from their paychecks in 2018 as a direct result of the new tax law.
The pace of wage growth is one of the best indicators of economic health. But it can be measured with different methods. Each method tells a slightly different story about how the economy is doing.
Russia has had a huge presence in the news lately. But its economy... not so huge. It's smaller than the economy of Texas. Today on the show, we look at what's been holding it back.
The GDP got all sorts of attention today. The U.S. economy grew at a stellar rate of 4.1% in the second quarter. But what does that mean? And will it continue?