News

Last week's 190,000 new applications for unemployment benefits represented the lowest level since September.

FTX's bankruptcy in November left customers and investors facing billions of dollars of potential losses, and several of the company's executives have been charged with various types of financial fraud.

Expectations for price increases over the year ahead fall to the lowest level since April 2021.

In December, inflation cooled to the slowest rate of increase in more than a year, leading some to think the Fed will raise interest rates by just 25 bps late this month.

As price increases seem to have passed their peak, the next big question for the U.S. economy will be how far—and how fast—inflation will fall.

Social Security spending relative to GDP is set to increase sharply in the next decade as baby boomers retire.