Economy Oct 22 States that cut off of jobless aid see no surge of job seekers In states that cut off the $300 check, the workforce — the number of people who either have a job or are looking for one — has risen no more than it has in the states that maintained the payment.
Politics Oct 21 Federal Reserve imposes sweeping new limits on policymakers' investments The Federal Reserve is imposing a sweeping new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.
Economy Oct 13 Social 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 12 Americans 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 11 WATCH: 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 08 WATCH: 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 08 U.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 30 WATCH: 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 29 WATCH: 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 27 Boston 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.