Feb 01 How did the shutdown affect the January jobs report? By Gretchen Frazee U.S. employers added adding 304,000 jobs in January, but the unemployment rate rose to 4 percent in what is expected to be a temporary blip because of the government shutdown. Continue reading
Jan 31 Watch 8:44 Why former NFL tight end Martellus Bennett now creates children’s books By Paul Solman Super Bowl LIII is just days away. For some players, it will be the pinnacle of their professional football careers. But after the glory and glamour of the NFL spotlight are past, these former athletes face a major challenge: What… Continue watching
Jan 31 WATCH: Trump casts doubt on hopes for a China trade deal Asked whether the U.S. and China can reach an agreement before a March 1 deadline, Trump said: "I don't know."… Continue reading
Jan 30 After longest shutdown, House OKs pay raise for civilian federal workers By Matthew Daly, Associated Press The 2.6 percent raise matches the raise given to the military last year and would override a pay freeze imposed by President Donald Trump. The measure, passed by a 259-161 vote, goes to the Senate, where its prospects are unclear. Continue reading
Jan 30 How the Fed’s balance sheet works and why investors care By Gretchen Frazee Investors are increasingly turning their attention to the Federal Reserve's balance sheet and whether it could help keep the economy on track or prematurely plunge the nation into another recession. Here's what you need to know. Continue reading
Jan 30 Foxconn shifts focus of Wisconsin project away from manufacturing jobs By Scott Bauer, Associated Press Foxconn Technology Group said Wednesday it is shifting the focus of its planned $10 billion Wisconsin campus away from blue-collar manufacturing to a research hub, while insisting it remains committed to creating 13,000 jobs as promised. Continue reading
Jan 30 WATCH: Fed chair makes announcement on interest-rate outlook By Martin Crutsinger, Associated Press Fed Chairman Jerome Powell will hold a news conference at 2:30 p.m. ET today. Watch his remarks here. Continue reading
Jan 30 This new app could help answer your Medicare questions By Philip Moeller “What’s Covered” is designed to help people understand Parts A and B of Medicare. Continue reading
Jan 29 How a cockfighting ban could affect Puerto Rico’s struggling economy By Gabriela Martinez Beginning in December, the long-held but controversial tradition of cockfighting will be banned in Puerto Rico. Continue reading
Jan 29 3 things to watch for from the Federal Reserve on Wednesday By Martin Crutsinger, Associated Press The Federal Reserve is set Wednesday to leave its key short-term interest rate alone and to signal that it will remain cautious this year about raising rates further. Continue reading