Christopher’s Recent Stories
Economy Oct 13Social Security COLA largest in decades as inflation jumps
Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
Economy Oct 12Americans quit their jobs at a record pace in August
The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000.
Economy Oct 11WATCH: David Card, Joshua Angrist and Guido Imbens win Nobel Prize in economics
One U.S.-based economist’s pioneering research showed an increase in minimum wage does not lead to less hiring, and immigrants do not lower pay for native-born workers. Two others shared the award for creating a way to study these types of…
Politics Oct 08WATCH: Secretary Blinken, Mexico Foreign Secretary Marcelo Ebrard give remarks
High-level delegations from Mexico and the United States were at work Friday on building a new security framework for the bilateral relationship that they hope will govern how the two countries cooperate on a broad range of issues.
Economy Oct 08U.S. employers add a weak 194,000 jobs as delta maintains hold
Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.8% from 5.2% in August.
Economy Sep 30WATCH: Treasury Secretary Yellen and Fed Chair Powell testify on pandemic recovery
Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are expected to testify before the House Committee on Financial Services on Thursday about the pandemic recovery.
Economy Sep 29WATCH: Federal Reserve Chair defends Federal policies, says inflation may persist
At a panel sponsored by the European Central Bank on Wednesday Powell said the Fed has avoided the mistake of underestimating the severity of pandemic's economic impact. But criticism of the Fed's policies has grown in recent months as inflation…
Economy Sep 27Boston Fed’s Eric Rosengren to retire early citing health reasons
Rosengren's announcement also comes after investments by him and other Fed officials last year have raised questions about the Fed's ethics rules.
Economy Sep 22WATCH: Under pressure, Powell says Federal Reserve to revamp its trading rules
The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, the first step toward unwinding the extraordinary support it’s given the economy since the…
Economy Sep 16Federal Reserve reviews ethics policies after prolific trading uncovered
The Federal Reserve is reviewing the ethics policies that cover the financial holdings of its senior officials in the wake of disclosures that two regional Fed presidents engaged in extensive trading last year.