
The U.S. economy is proving far more resilient in the face of sustained pricing pressures than otherwise thought a short time ago.

Pending home sales in the United States fell by 2% in August, the third straight monthly decline amid a steep rise in mortgage rates.

Widespread labor shortages are hampering companies’ ability to capitalize on an expanding economy as the country recovers from a pandemic.

The shock to the economy unleashed by the pandemic and the response by workers have radically transformed the wage-earning landscape.