Wages are finally ticking up. Here’s why
Average hourly wages rose 3.1 percent, the unemployment rate held steady at 3.7 percent, and the economy added 250,000 jobs in October.
The unemployment rate is the lowest it’s been since 1969. Here’s why
The unemployment rate dropped to 3.7 percent in September, the lowest since the Vietnam War. The economy added 134,00 jobs, fewer than expected because of losses from Hurricane Florence.
Why Social Security’s annual increase doesn’t actually keep up with cost of living
The government adjusts Social Security benefits each year based on inflation rates, but that increase has not kept up with the rising cost of medical care and other expenses.
Why wages are on the rise and other important numbers from the August jobs report
The economy added 201,000 jobs in August, and the national unemployment rate remained at 3.9 percent.
In an effort to curb soaring inflation in Venezuela, President Nicolas Maduro shaved five zeros off the value of the bolivar. Is it enough? We asked several analysts to explain.
Quantitative easing and other unconventional policies should have produced extraordinary inflation, quite possibly even hyperinflation. So what's going on?…
Plummeting worldwide fuel prices have damaged several economies, but perhaps no country has been hit harder than Venezuela. Once flush with oil money, the nation now faces a collapsing economy, skyrocketing inflation and a wave of looting and crime driven…
For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation's population.
At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,…
