New state labor data show wide differences in job openings and worker turnover
The Bureau of Labor Statistics released annual 2025 state estimates and revised monthly data, offering a more detailed view of where employers were hiring and workers were leaving jobs.
Median weekly earnings rose faster than consumer prices in the second quarter
Full-time wage and salary workers earned a median $1,251 per week, up 4.6 percent from a year earlier compared with a 3.9 percent increase in consumer prices.
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Economy2 min read
White House orders 50% tariffs on selected Canadian goods
Three proclamations target certain Canadian autos, alcoholic beverages and dairy products beginning August 19.
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Economy2 min read
U.S. gasoline average climbs back above $4 a gallon
AAA’s daily national average reached $4.003 on July 20, extending a rapid rise tied to renewed instability around the Strait of Hormuz.
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Economy2 min read
Consumer sentiment rebounds, but higher fuel costs cloud the outlook
The University of Michigan's preliminary July index rose to a five-month high of 54.4, though most responses preceded renewed fighting with Iran and the latest rise in gasoline prices.
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Economy2 min read
FDA lowers a longstanding standard for pasteurized orange juice
A final federal rule reduces the minimum soluble-solids level and allows a limited share of mandarin or tangerine juice in products sold as pasteurized orange juice.
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Economy2 min read
Single-family construction slips as U.S. building permits reach a 10-month low
June data show a third monthly decline in single-family starts and weaker permits, even as a surge in apartment projects lifted total housing starts.
07
Economy2 min read
U.S. retail sales edged up 0.2 percent in June as spending held up
Federal data show a fifth monthly gain in retail spending, although the increase was smaller than May's and the figures are not adjusted for inflation.
08
Economy2 min read
The Fed sees broad but restrained growth across the U.S.
Eleven of twelve Federal Reserve districts reported slight-to-moderate growth, while higher fuel and input costs continued to pressure households and businesses.
09
Economy2 min read
Wholesale prices fell in June, but the yearly rate stayed elevated
The producer-price index declined 0.3 percent from May as energy costs dropped, while prices remained 5.5 percent higher than a year earlier.
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Economy & Policy2 min read
Bipartisan senators propose a forced-vote path for Social Security
The PROMISE Act would create a structured process for Congress to consider a long-term solvency plan, but it does not itself choose benefit or tax changes.