More than 300,000 jobs were created in December, doubling what was expected and signaling that the U.S. economy remains stable despite the recent market volatility and political tensions. In addition, wage growth was the highest it’s been in a decade.
The stock market has seen a significant drop in the second half of 2018, despite signs that the U.S. economy is still doing well.
By Gretchen Frazee
In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's…
Trump has tied his political fortunes to the stock market in an unprecedented fashion, which could end up hurting his 2020 re-election bid.
By Jonathan Lemire, Catherine Lucey, Associated Press
President Trump is calling his agreement with Chinese President Xi Jinping “an incredible deal” that could go down as “one of the largest deals ever made.” But what exactly does it include? Nick Schifrin is joined by the Hudson Institute’s…
By Martin Crutsinger, Associated Press
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening.
In our news wrap Friday, both President Donald Trump and former President Barack Obama are hitting the campaign trail on the final Friday before the midterm elections. Obama was in Miami to boost Democratic candidates in the state’s governor and…
By Gretchen Frazee
President Donald Trump’s characterization of immigrants, as people who are a drain public resources, is not backed by the data.
By Josh Boak, Associated Press
New research led by Harvard economist Raj Chetty shows that when cities experience job surges, the gains mostly bypass residents born into poverty.
Support Provided By: Learn more
Subscribe to Making Sen$e
Our newsletter about all things business, economics and your money