Domestic economic growth, as measured by GDP, turned negative for the first time since the second quarter of 2020, when the pandemic was in full swing. Initial reports indicated that a drop in ...

The most recent wage data released by the Labor Department showed a 5.7% increase in wages for the past year, yet still below current inflation annualizing 7.5%. With inflation outpacing wage growth, workers ...

The U.S. dollar has risen over 7% since the beginning of the year driven by increasing interest rates and a flight to safety for international investors. A stronger dollar can also be a ...

As U.S. oil producers, workers and drillers benefit from rising oil prices, Russia’s economy is starting to suffer from imposed sanctions. Newly enacted sanctions by both the U.S. and European countries are partially ...

The most recent inflation data released revealed an 8.5% annual increase, yet came in below what many analysts had expected. A consensus is forming, among economists and analysts, that inflation may be peaking. ...

The pandemic derailed many working families, keeping family members home with children as schools and daycares were shuttered. Many mothers stayed home to care for children and other family members, with many even ...

Global commodity prices have experienced extreme volatility since the inception of the Russian invasion of Ukraine. Of concern is that many of the affected commodities are essential to food production and industrial manufacturing ...

Becoming more of a topic throughout the financial media is stagflation, characterized as an environment with minimal economic growth, inflation, and elevated unemployment. The last time the U.S. experienced stagflation was in the ...

For decades, Russia, also known as the former Soviet Union before 1991, the United States, and China have dominated global energy production. Energy is a vital component to the survival and expansion of ...

Food and energy have become the two fastest rising expenses for consumers nationwide, as well as representing a larger proportion of total living costs. Currently, 21.5% of the Consumer Price Index (CPI) is ...