Economy grew at a ‘moderate pace’ in late spring, a more upbeat Fed Beige Book finds

The Fed’s take: The U.S. economy expanded at “a modest pace overall” from April to mid-May, but growth was partly held in check by labor shortages and worries over tariffs on China, the Federal Reserve said.  The Fed’s periodic examination of the economy, known as the Beige Book, was a bit more upbeat...