Jan 09 Column: What the Ocasio-Cortez/Scalise debate teaches us about the marginal tax rate By Paul Solman Rep. Alexandria Ocasio-Cortez has proposed hiking the top marginal tax rate to fund green energy investment. Continue reading
Jan 09 Federal Reserve minutes reveal worries over economic risks By Martin Crutsinger, Associated Press Threats from volatile stock markets, trade tensions and uncertain global growth made the future path of interest rate hikes "less clear," Federal Reserve officials said during their December meeting. Continue reading
Jan 09 Column: What should I do if I get a surprise Medicare bill? By Philip Moeller Columnist Phil Moeller answers your questions about Social Security and Medicare, including what to do about surprise medical bills or mistakes made during Medicare enrollment. Continue reading
Jan 09 Three days of U.S.-China tariff talks end with no details announced By Joe McDonald, Associated Press President Donald Trump tweeted late Tuesday that the talks were "going very well!"… Continue reading
Jan 06 Watch 5:16 ‘Near-term pain’ from shutdown: No paychecks on Friday Thousands of furloughed government workers will not get their paychecks on Friday, a consequence of the partial government shutdown that has moved into its third week without signs of compromise. And if the standoff continues into February, millions who rely… Continue watching
Jan 04 Watch 5:28 December job creation, wage growth provide a burst of good economic news More than 300,000 jobs were created in December, doubling what was expected and signaling that the U.S. economy remains stable despite the recent market volatility and political tensions. In addition, wage growth was the highest it’s been in a decade. Continue watching
Jan 04 What will happen to the economy in 2019? Watch these 7 factors By Gretchen Frazee, Maea Lenei Buhre The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year. Continue reading
Jan 04 312,000 jobs added in December offer dose of economic reassurance By Josh Boak, Associated Press It was an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. Continue reading
Jan 04 Jerome Powell says he wouldn’t resign if Trump requested it By Associated Press Powell's comments, made during a panel discussion in Atlanta, were immediately cheered by financial markets, which were already rallying on the basis of a strong unemployment report that showed 312,000 jobs were created in December. Continue reading
Jan 03 Watch 2:58 Why a ‘veil of uncertainty’ is causing global market volatility Global markets dropped after Apple CEO Tim Cook announced unforeseen sales declines for iPhones in China. Why is the Chinese economy so important to American business, and what's at the root of global market volatility? Diane Swonk, chief economist with… Continue watching