The Employment Cost Index—the Federal Reserve’s closely watched metric on wage growth—increased by 1.0% in the second quarter, the slowest since June 2021. … READ MORE >
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5 things to know in life sciences: Week of July 24, 2023
From developments in creating new antibiotics to a life-saving heart-scanning technique, each week we highlight the latest in life sciences. … READ MORE >
Business orders for equipment rise despite higher borrowing costs
New orders for core capital goods, a proxy for business investment, came in higher than forecast in June, rising by 0.2%, the Commerce Department reported on Thursday. … READ MORE >
Resilience defined as American economy continues to defy expectations
Driven by the household consumption, the American economy expanded at a 2.4% seasonally adjusted annualized rate. … READ MORE >
Back-to-school outlook: Consumers will seek value
The back-to-school season is influenced by shifting consumer behavior as families prioritize value-oriented choices. … READ MORE >
FOMC policy decision: The time for an end to rate hikes has arrived
With the policy rate standing above two closely watched measures of inflation, it is now time for the Federal Reserve to allow the economy an extended period to absorb the impact of past rate hikes. … READ MORE >
Space companies wary about the economy
Space industry executives are attempting to balance economic factors that restrict cash flow with investments in manufacturing to meet increased demand. … READ MORE >
Defense tech companies see new opportunities
Defense tech companies are looking to expand their market by capitalizing on opportunities due to tech advancements and geopolitical events. … READ MORE >
Surging manufacturing construction: Industrial policy and U.S. semiconductors
A confluence of events triggered by supply chain disruptions, global security tensions and a changing political landscape has resulted in a boom in manufacturing construction. Call it the return of industrial policy. … READ MORE >
5 things to know in life sciences: Week of July 17, 2023
From an AI-driven ECG-interpretation platform to discussions on easing air transport regulations on donated organs, what’s happening in life sciences? … READ MORE >