Mar 04 Watch 5:48 Strong jobs report signals more Americans returning to labor market as coronavirus wanes By Geoff Bennett, Karina Cuevas The latest jobs reports shows U.S. job growth surged in February as the omicron wave of COVID-19 began fading. The Labor Department reports employers added a net of 678,000 jobs, the most since July. Jared Bernstein, who serves on the… Continue watching
Mar 04 U.S. added 678,000 jobs in February in sign of economic health By Christopher Rugaber, Associated Press U.S. employers added 678,000 jobs in February, another solid gain that underscored the economy's robust health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation. Continue reading
Mar 01 7 key takeaways from Biden’s 2022 State of the Union speech By Aamer Madhani, Josh Boak, Associated Press President Joe Biden’s first State of the Union address was likely going to focus inward, looking at the economic and public health woes besetting the U.S. But Russia’s invasion of Ukraine and the war that has ensued changed all that. Continue reading
Mar 01 WATCH: ‘Lower your costs, not your wages,’ Biden tells companies on inflation By Associated Press The U.S. president is aiming to lead the country out of the pandemic and reboot his stalled domestic agenda as well as confront Russia's aggression. Continue reading
Feb 28 WATCH: President Joe Biden’s 2022 State of the Union address – A PBS NewsHour Special By Zeke Miller, Colleen Long, Associated Press Addressing a concerned nation and anxious world, President Joe Biden vowed in his first State of the Union address Tuesday night to check Russian aggression in Ukraine, tame soaring U.S. inflation and deal with the fading but still dangerous coronavirus. Continue reading
Feb 25 Key inflation gauge hit 6.1 percent in January, highest since 1982 By Christopher Rugaber, Associated Press An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1 percent in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia's invasion of Ukraine. Continue reading
Feb 24 Here’s how Russia’s invasion of Ukraine could worsen everyday costs in the U.S. By William Hauk, The Conversation Americans may be tempted to view the war in Ukraine as an unfortunate, but far away, crisis. But how much worse inflation could get will depend in part on how far Putin goes, and the severity of sanctions. Continue reading
Feb 22 WATCH: Biden announces $35 million investment to help supply chain resiliency By Associated Press Biden announced a $35 million investment in the domestic production of minerals and materials that are needed to create a wide range of technological devices, including computers, batteries, smartphones, vehicles and home appliances. Continue reading
Feb 14 Biden’s inflation plan offers long-term solutions, but faces voters demanding action now By Josh Boak, Associated Press President Joe Biden came into office with a plan to fix inflation but not the particular inflationary problem that the country now faces. Continue reading
Feb 13 Watch 4:33 Why gas prices could remain high for some time By Hari Sreenivasan Inflation in the U.S. has jumped at its fastest rate in 40 years, the Labor Department announced last week. Costs of food and fuel have been rising – and while there may be fluctuations in prices, gasoline prices are expected… Continue watching