Tag: U.S. economy
As U.S. economy slows, job growth beats expectations in April
The Labor Department revealed that job growth performed better than anticipated in April despite banking turmoil and a slowing economy.
According to the Bureau of...
U.S. weighs option to roll back China tariffs to ease inflation
U.S. Treasury Secretary Janet Yellen and the Senior Economic Official in Beijing, Vice Premier Liu He of China, met earlier this week to discuss...
Consumer spending increases, inflation eases slightly in May
According to a Commerce Department gauge used by the Federal Reserve, the rate of inflation during May was consistent and while it did rise,...
Unemployment claims decline slightly, labor market remains tight
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat.
Since falling to more than...
Luxury dealer Tom Maoli on economic and industry trends shaping auto...
How is the lack of new and used vehicle inventory impacting luxury buyers? To help us answer this question, we're pleased to welcome back...
Fed raises interest rates by 0.75%, sees more hikes coming down...
The Federal Reserve is finally stepping in once again to fight inflation and the tumultuous housing market. The Fed raised interest rates by 0.75%...
Study finds Americans are driving less as gas prices soar
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average...
U.S. mortgage market signals a cooldown in purchasing, but what about...
The cost of financing a home purchase has risen substantially since the start of the year, throwing water on a blazing-hot housing market. Interest...
Economy and job market lead to pay compression in over half...
Research from talent solutions and business consulting firm Robert Half has revealed that a growing number of American companies are experiencing pay compression. Of...
AIADA Pres. Cody Lusk on keeping the auto industry a level...
More than half of all U.S. dealership jobs are created by international nameplate automobile dealers, according to the American International Automobile Dealers Association. The...
