Economists and experts have started to unpack what it may mean for the state of the U.S. economy after a historic jobs data revision on Wednesday. "That is a big blast against Bidenomics," former ...

Add Yahoo as a preferred source to see more of our stories on Google. Pressure is growing on the Federal Reserve and Fed Chair Jerome Powell to cut its benchmark interest rate next week, following a ...

Consumers are in better financial shape than we had previously realized, according to revisions of critical information about U.S. incomes, spending and saving. Savings, in particular, are much higher ...

The Bureau of Labor Statistics (BLS) released the latest revision to its jobs report, revising the jobs data down by 911,000 jobs from initial estimates, a more significant slash than the 682,000 jobs ...

According to Nageswaran, the GDP growth base was inflated due to data revision for the past three years. (Photo source: IE) Chief Economic Advisor V Anantha Nageswaran on Wednesday said the ...

Chief Economic Advisor V Anantha Nageswaran on Wednesday said the performance of the manufacturing sector and growth rate in private consumption expenditure in the December quarter of 2022-23 is ...