Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the ...

However, the historic significance extends beyond the low rate. During Biden’s time in office, the jobless rate was under 4% for 27 ... even in the face of high inflation and high interest ...

High debt levels weigh on the US dollar and are gold-supportive. However, Trump’s tariff raises could be inflationary and ...

Even with a pickup in 2024, the 19% increase in average hourly earnings under Biden is still below the inflation rate. Consequently, the disparity between wages and prices has pushed consumer ...

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation ...

Housing costs continued to soar under Biden due to rising home values as well as soaring mortgage rates after the Federal Reserve hiked interest rates to battle inflation. The upshot: Under Biden ...

Inflation: D- Biden was too slow to even acknowledge and then to respond to the spike in inflation in 2021. The year-over-year inflation rate was 1. ... record highs under the Biden administration.