Americans have grown more upbeat about the labor market and the inflation outlook.
The economy may face additional challenges in the new year as the labor market cools and wage growth moderates.
Leaders at community lenders said in interviews they're not tightening their lending standards.
As earnings season nears its end, corporate America's two-year run of surging profits appears to be over.
Paul Krugman said the risk is that there's too high a “degree of certainty” that the inflation fight is over.
A railroad strike is just one of many external forces pushing back against central banks' recession fight.
Wealthier Americans account for a disproportionate share of overall spending.
“The Fed has to focus on inflation," Mohamed El-Erian said.
The leisure, hospitality and retail industries recorded the biggest gains among youth jobs.
In June, food prices at grocery stores jumped more than 12% from the same time last year.