News

A surprisingly strong 0.6% rise in industrial output last month puts the U.S. economy on course for 1.3% annualized growth in the third quarter, according to a report by the Atlanta Federal Reserve. The latest outlook is up from the […]

About 66% of Americans say the Social Security program is in crisis, according to a Gallup poll. Among those still in the workforce, more than half say they likely will not receive any Social Security benefits.

Retail sales in the U.S. increased 0.6% in July, and June’s figure was revised upward to flat from a small decline.

Growing belief in U.S. markets that the Federal Reserve is getting closer to raising interest rates, possibly as soon as September, dissipated Tuesday when China devalued the yuan. If global equity markets keep falling, the Fed could decide to delay […]

Global mergers and acquisitions are on track to reach a record $4.58 trillion this year, according to Dealogic. The trend may be driven by factors such as limited revenue growth at big companies and the expectation of higher interest rates […]

A weak 0.3% annualized gain in U.S. productivity in the second quarter pointed to possible underlying inflationary pressure, even as the quarterly figure rose 1.3%. These are among the key figures the Federal Reserve will examine as it decides when […]

Enrollment in accounting programs and hiring of new graduates by accounting firms are at all-time highs. Master’s degrees are taking off, too, and firms will need to get creative in their pursuit of in-demand talent.

The U.S. economy added 215,000 jobs in July, keeping the unemployment rate unchanged at 5.3% from June, according to the Department of Labor. Economists surveyed by Reuters had forecast that 223,000 jobs would be added.

The U.S. trade deficit rose 7.1% to $43.8 billion in June, the biggest total in three months, as the strengthening U.S. dollar made imports cheaper for domestic buyers and exports more expensive for trading partners. Faltering global economic growth was […]