News

Finance and accounting employees in the US can expect base pay raises of an average of 3%, according to a new salary guide. Learn more about what employers can do to find and retain skilled professionals in an environment that […]

Household borrowing in the US rose $17.2 billion in February, according to the Federal Reserve. Non-revolving credit was up $14.3 billion, and revolving credit jumped $2.9 billion.

Minutes from the Federal Reserve’s March meeting suggest a number of officials are wary of raising interest rates this month. “Several expressed the view that a cautious approach to raising rates would be prudent or noted their concern that raising […]

The US trade deficit widened 2.6% in February to $47.1 billion, its highest point in six months. The value of imports reached $225.1 billion for the month, up from January’s tally of $222.2 billion.

Orders received by US factories declined 1.7% in February, marking the third drop in four months, the Commerce Department said. Orders for oilfield, gas-field and mining equipment dropped 20.1%; civilian aircraft fell 27.2%; and military aircraft fell 28%.

A massive leak of files from a Panama-based law firm provides a look into the offshore accounts of current and former political leaders as well as other prominent individuals. The leak included information on 214,488 offshore entities and more than […]

US employers added 215,000 jobs in March, according to data from the Labor Department. The unemployment rate reached 5%, up slightly from 4.9% in February, as more Americans started looking for work.

Household spending in the US recovered after the recession, but wages did not, according to a Pew Charitable Trusts report that focused on the period between 1996 and 2014. In 2014, median income before taxes was down 13% from 10 […]

Janet Yellen, head of the Federal Reserve, has told the Economic Club of New York that the central bank’s policy committee should “proceed cautiously” when considering an adjustment to interest rates. Bond yields declined and stock prices surged as markets […]