US inflation eased slightly to 8.5% in July

Inflation in the United States was 8.5% in JulyOn Wednesday, the Labor Department said it was maintaining near its highest annual rate in four decades despite falling energy costs. Greg Dako, chief economist at EY-Parthenon, a consultancy, said the rapid rise in prices is continuing in the wake of higher inflation from goods, energy and … Read more

Has the recession started? The job market says no.

Illustration by Sjord van Leeuwen font size About the author: Julia Pollack Chief Economist at ZipRecruiter. There is a shaky, but emotional, debate raging about whether the United States is in a recession. According to most relevant bond market indicators, investors are betting on deflation. But there is one group that strongly rejects the idea: … Read more