The US current account deficit narrowed by $1.6 billion to $194.8 billion in the fourth quarter of 2023, equivalent to 2.8% of GDP and falling short of market expectations of a $209 billion gap. The secondary income gap declined to $38.9 billion from the previous period's $47.5 billion, ...
Minimum Wage Definition, Current Rate and Eligibility Minimum wageis the least dollar amount that employers must pay tononexemptemployees per hour, as mandated by local, state or Federal law. Employers may pay employees by some other method than hourly, such as by piecework or commission. But,...
The Federal Reserve hiked interest rates 11 times since March 2022 in an effort to bring down inflation, which is expected to eventually lead to ahigher unemployment rate. However, the Fed has slowed down; the Central Bank paused rates at all of its meetings since July 2023. And the Fed h...
Federal Reserve Chairman Jerome Powellin a speech Monday said he still sees a soft landing ahead for the U.S. economy, aided by the central bank shifting interest rates lower.That process started with a September rate cut and will include further “recalibration” as incoming economic data dicta...
all teams. If the HHI is a maximum 1 this indicates a perfect imbalance and one team has been champion for all years. The minimum HHI value is 0.1 and this means that there has been a different winner each year. Below is the HHI in various European leagues between 2012-13 to 2023-24...
Wage growth is moderating from what it was a year ago but is still higher than it was pre-pandemic, according to data from the Federal Reserve Bank of Atlanta. The three-month moving average of median hourly wage growth — when measured over the previous 12 months — has slowed from its...