Economy Apr 01 The unemployment rate ticked up to 5 percent. Here’s why that’s a good thing “The unemployment rate can tick up for two reasons. One is weak jobs, and the other is more people coming back into the labor force,” said economist Nariman Behravesh.
Economy Mar 16 Missed a credit card payment? Just call your credit card company A new survey finds that 89 percent of those who had bothered to call about a late fee succeeded in having it reversed, and 78 percent were able to get a lower APR.
Economy Mar 10 European Central Bank announces moves to boost eurozone economy After meeting in Frankfort on Thursday, the European Central Bank announced a new six-point stimulus package aimed at improving the eurozone economy.
Economy Mar 04 Our intractable problem: wages The U.S. economy added 242,000 jobs in February, and the unemployment rate remained unchanged at 4.9 percent. Wages, however, fell.
Economy Feb 05 Unemployment is down to 4.9 percent. So why are wages rising so slowly? The U.S. economy added 151,000 jobs in January, and the unemployment rate inched down to 4.9 percent. Wages may have risen by 12 cents in January, but over the year, wages have only increased 2.5 percent.
Economy Jan 29 Why are millennials turning to payday loans and pawn shops? More millennials are turning to payday loans and pawn shops for much needed cash -- moves that can provide immediate relief, but often result in deeper debt.
Politics Jan 12 Obama: We should serve working families, not big business In his final State of the Union, President Barack Obama addressed the role that the government should play in business and the economy.
Politics Jan 12 Obama: Anyone claiming America’s economy is in decline ‘peddling fiction’ In President Barack Obama's last State of the Union address, he extolled the country’s economic recovery, but noted that some Americans are still feeling the brunt of a quickly changing, global economy. It’s an economy, he noted, that increasingly profits…
Economy Jan 08 Wolfers on today’s unemployment numbers: ‘yabba dabba doo!’ The U.S. economy added 292,000 jobs in December, and unemployment remained unchanged at 5.0 percent. December’s jobs report was nothing short of stellar.
Politics Dec 16 Fed raises interest rates for first time in nearly 10 years Federal Reserve Board Chairwoman Janet Yellen will hold a news conference where she is expected to announce the Fed's interest rate decision. PBS NewsHour will live stream the event, scheduled for 2:30 p.m. EST.