The deepening economic slump was underscored by other data on Friday that showed production at industries collapsed last month at its deepest pace in 101 years. The reports, combined with a historic 20.5 million job losses in April, buttressed Federal Reserve Chair Jerome Powell’s warning on Wednesday of an “extended period” of weak growth and stagnant incomes.
Inflation rose slightly in August as companies continued to push the cost of tariffs on to...
Donald Trump has a simple solution when numbers are telling him something he does not want...
