What CFOs need to know about the latest inflation and wage growth data Economists weigh in on interest rates and new research that points to labor costs having a small effect on overall inflation. Fortune · Jun 14, 2023
Top economist Tyler Cowen's theory that explains your workers 'really are doing less': A ‘serious crisis of morale’ Your employees could be less productive because the last three years were just such a huge bummer, the influential blogger and columnist wrote. Fortune · Jun 7, 2023
'Turbulence ahead': Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows “The 2022 survey found that self-reported financial well-being was among the lowest levels observed since 2016,” the central bank’s researchers wrote. Fortune · May 23, 2023
American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says. Fortune · May 5, 2023
The economy has a ‘throat ache’ that ‘could get worse before it gets better,’ top economist warns EY-Parthenon’s Gregory Daco is worried about a recession amid stubborn inflation, rising interest rates, and the banking crisis. Fortune · Apr 6, 2023
Fed's unwanted ally in bid to tame inflation: Credit crunch The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: A cutback in bank lending The Independent UK · Mar 23, 2023
Powell softens tone and says March rate hike size is not yet decided Federal Reserve Chair Jerome Powell softened his tone slightly during a second day of congressional testimony, saying policymakers will wait for fresh jobs and inflation data before deciding how much to raise interest rates later this month. Tribune News Service · Mar 8, 2023
America's economy is splitting consumers into two very different realities Gregory Daco, chief economist at EY Parthenon, expects to see a “K-shaped consumer spending pattern” in 2023, where working class families slow their spending, while wealthy families continue to splurge. Fortune · Feb 25, 2023
These are some of the strategies Chipotle, Disney, and P&G are using to retain pricing power There's no one formula for every company. Fortune · Jan 23, 2023
2 Stocks You Can Buy Now and Hold for the Next 20 Years The stock market has been under pressure this year amid consecutive rate hikes and recession fears. Moreover, as the market could remain volatile in the short term, investors should focus on their long-term strategies and invest in fundamentally strong stocks, Johnson & Johnson (JNJ) and Molina Healthcare (MOH), which look… StockNews.com · Dec 30, 2022
The Fed’s favorite inflation gauge just came in lower than expected—here's what that could mean for your stock portfolio Is a ‘goldilocks’ inflation report enough to end the bear market? Experts weigh in. Fortune · Dec 1, 2022
How strong is the US economy? Depends on which party you ask Analysis: In spite of high employment and robust hiring, many Americans are pessimistic about the economy The Guardian - US · Jul 30, 2022
GDP likely to show ‘misleading’ US weakness as Fed plots path The U.S. economy’s latest report card — featuring fresh readouts on growth, inflation, spending and wages in the first three months of the year — is set to include a mix of good and bad marks. Tribune News Service · Apr 27, 2022