Author: Paul Davidson, USA TODAY

Fed has raised interest rates at fastest pace in decades to make it costlier for consumers, businesses to borrow. Less demand should curb inflation.

When will the Fed start lowering interest rates? Its recent forecast for two more rate hikes this year has pushed out estimates for rate cuts.

The Fed is expected hold its key interest rate steady after raising it sharply to fight inflation. It’s also likely to signal it’s not done hiking.

The S&P 500 index just returned to being in a bull market. What is a bull and bear market? And does it mean clear sailing for stocks?

Since early 2022, economists have pushed out recession forecasts. But manufacturing is shrinking, home prices are falling. Are we in a recession now?

Teenagers are benefiting from a strong job market as many employers still struggle to find workers. Wages for teens are higher than last summer.

There are signs the job market is losing steam despite the booming 339,000 payroll gains highlighted in the May jobs report.

Employers added 339,000 jobs in May despite high interest rates and inflation. Unemployment rose to 3.7%

Worker shortages are easing across the U.S. but remain more prominent in the South. The region accounts for most of the nation’s deficit in employees