Aug 02 U.S. adds 164,000 jobs, unemployment holds steady at 3.7 percent By Josh Boak, Associated Press The pace of hiring has slowed this year, but one reason is that a growing share of Americans already have jobs. Continue reading
Aug 01 Watch 5:01 The long-term debt implications of Senate’s new 2-year budget The Senate passed a new budget bill Thursday, delivering a rare bipartisan legislative agreement. But critics say the spending it allocates and its temporary suspension of the debt ceiling represent runaway spending and fiscal irresponsibility. Lisa Desjardins joins Judy Woodruff… Continue watching
Aug 01 Watch 10:28 Can reparations help right the wrongs of slavery? By Paul Solman The first African slaves arrived in North America 400 years ago this month, landing at Jamestown in what's now Virginia. Recently, the idea of paying reparations for the atrocity of slavery has been earning new attention, even making its way… Continue watching
Aug 01 Fed chief struggles to manage a wild card: Trump trade wars By Josh Boak, Associated Press After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
Jul 31 Column: The Fed is lowering interest rates, but so are market forces By Paul Solman Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no. Continue reading
Jul 31 Should disabled Americans drop Medicare for employer insurance? By Philip Moeller Here are some of the issues and decisions that people with disabilities may face if they return to work. Continue reading
Jul 31 WATCH: Federal Reserve cuts key rate for first time in a decade By Martin Crutsinger, Associated Press The central bank cut its benchmark rate — which affects many loans for households and businesses — by a quarter-point to a range of 2 percent to 2.25 percent. Continue reading
Jul 31 3 things to watch at the Federal Reserve as it’s poised to cut interest rates By Martin Crutsinger, Associated Press The Fed under Chairman Jerome Powell has signaled a belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut. Continue reading
Jul 30 What is GDP and is it the best way to measure the economy? By Gretchen Frazee Since the Great Recession, economists have increasingly questioned whether GDP is the best way to measure an economy’s health, and whether it disregards key factors that affect people’s well-being. Continue reading