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The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: […]




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Inflation Is Cooling, Leaving America Asking: What Comes Next?

Martin Bate, a 31-year-old transportation planner in Fort Worth, spent the middle of 2022 feeling that he was “treading water” as high gas prices, climbing food costs and the prospect […]




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US Jobs Report: Employers Added 223,000 Jobs in December

The U.S. economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits downshifted the labor market without […]




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Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns

Tesla said Monday that deliveries in the last three months of the year rose 18 percent from the previous quarter, disappointing Wall Street analysts and adding to pressure on Elon […]




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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

At this time last year, economists were hopeful that snarls in global shipping and manufacturing would soon clear; consumer spending would shift away from goods and back to services; and […]







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Gasoline Price Falls Below Year Ago Level

While the decline in gasoline prices has been widely felt, some states still have prices well above the national average. In California, which has high gasoline taxes and rigorous emissions […]




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Why Retailers Are Trying Extra Hard to Woo Holiday Shoppers

Amazon held what amounted to an extra Prime Day in October, blanketing its site with deals. Best Buy rolled out Black Friday-level sales last month. And on Friday, Kohl’s entered […]




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A Holiday Season Divided by Inflation and Economic Struggles

November has been busier than expected at the Langham Hotel in Boston as luxury travelers book rooms in plush suites and hold meetings in gilded conference rooms. The $135-per-adult Thanksgiving […]




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Billions of Dollars Are at Stake in a Puzzling Holiday Shopping Season

It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]