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Corporate US also gloomy about region’s prospects, according to key survey by industry body and US think-tank
Broader sense of purpose is welcome but needs to be measured
New data suggest unprecedented gap between individual sentiment and business outlook
Robust labour market keeps Americans in buoyant mood despite trade concerns
Signs that rebound of past few years has petered out, hitting living standards
Stronger demand and more investment bode well for a new phase of growth
After several years of weak demand and low inflation, investment is rising. But an increase in long-term growth requires a big jump in productivity
Democrats’ 13-point lead in opinion polls halved but Trump’s popularity stays low
Increase in hourly earnings will cheer Republicans fighting midterm elections
Proxy advisers incentivise the wrong company behaviour by creating rigid checklists
Little impact on developed economies but spill over could mean pain for US consumers
Groups say talk must be matched by action after Beijing counters fears over new law
Depressed rate could hold back future wage growth, says Fed chair
Prospect of wage stagnation boosts fear of populist backlash
International Edition