It’s hard to make sense of the often-conflicting economic data we’ve been seeing recently. Michael M. Santiago / Getty Images Inflation isn’t under control, and we’re heading for a recession. Except, wait: The latest jobs report indicates that the labor market is healthier than it’s been in years. So maybe we’re heading for the fabled
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 18, 2022. REUTERS/StaffRegister now for FREE unlimited access to Reuters.comLONDON, Aug 5 (Reuters) – European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in
By some early estimates, the U.S. economy, as measured by gross domestic product, may have shrunk in the three months from April through June. Add that to the decline from January through March, and that would be a contraction for two quarters in a row. By an often-cited rule of thumb, that means the world’s