Economy

Filter

How these employers are adapting to the needs of an aging workforce

By Paul Solman

As the population ages and older workers are making up more and more of the labor force, some employers are taking notice and adjusting their own practices to retain valuable experience and skills. Economics correspondent Paul Solman has the story.

Continue watching

Federal Reserve chair urges Congress to address budget deficit

By Christopher Rugaber, Associated Press

Jerome Powell is one of the few leading public figures urging Congress to reduce the federal government’s annual deficit, which is nearing $1 trillion.

Wobbly day on Wall Street ends mixed

By Alex Veiga, Associated Press

Wall Street capped a wobbly day for stocks with another record-setting finish Wednesday.

U.S. budget deficit surges to $134.5 billion in October

By Martin Crutsinger, Associated Press

The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record.

Jerome Powell optimistic about the U.S. economy’s ‘sustained expansion’

By Christopher Rugaber, Associated Press

In testimony before a congressional panel, Powell expressed optimism about the U.S. economy and said he expects it will grow at a solid pace, though it still faces risks from slower growth overseas and trade tensions.

What ending DACA could cost the U.S. economy

By Courtney Vinopal

DACA has allowed hundreds of thousands of young immigrants to study and work freely in the U.S., allowing them to contribute more to the national GDP and in federal taxes.

Largest U.S. milk processor files for bankruptcy

By Michelle Chapman, Dee-Ann Durbin, Associated Press

An increasing variety of beverages, including teas and sodas, has hurt milk consumption. So have protein bars and other on-the-go breakfasts, which take the place of a morning bowl of cereal.

WATCH: Trump addresses the Economic Club of New York

By Associated Press

President Donald Trump said the administration is responsible for creating 7 million jobs, though only 6.25 million have been created since he took office in January 2017.

Trump disputes reports that U.S. will roll back tariffs on China

By Christopher Rugaber, Associated Press

Trump's pushback suggested that negotiations haven't progressed as far as hoped as the world's two biggest economies struggle to negotiate an end to their trade war.