Budget Battles
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Bezos vs. Biden on Taxes and Inflation
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White House Prepares to Ration Covid Vaccines: Report
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Rand Paul Blocks $40B Ukraine Aid Bill
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A Ray of Hope on Inflation?
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Trump’s ‘Temporary’ Tax Rules May Stick Around
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Congress Boosts Ukraine Aid to $40 Billion as Dems Delink Covid Money
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The Strongest Jobs Streak Since 1939
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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More Good News on Jobs Gives the Fed a Green Light to Start Unwinding
By Lucia Mutikani, ReutersThe number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay...
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A New Report Shows Why The 10-Year Jobs Crisis Is Effectively Over
A new report by the Hamilton Project at the Brookings Institution has good news: "With [yesterday's] employment report, we can report that the national jobs gap relative to November 2007 has closed (...
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Is Wage Growth Finally Coming for American Workers?
By Jeff Cox, CNBCWage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...
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Here’s Why We’re Not Prepared for the Next Recession
By Mark ThomaWhen will the next recession hit the economy? Nobody knows for sure, but we can be certain that sooner or later the economy will experience another downturn. When that happens, will monetary and...
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Low-Paid Workers Are Getting a Pay Bump in 44 States
By Tim Henderson, StatelineIn 44 states, jobs paying roughly $30,000 were among those that got the largest salary bumps since 2010 — evidence that the steady but modest economic growth of the past half-decade may be reaching...
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The Serious Problem Lurking in the Jobs Report
By Jeff Cox, CNBCWall Street exhaled heavily Friday on news that job creation in both the public and private sectors accelerated and defied some of the recent speculation that the economy had reached full employment...
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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The Fed Raises Interest Rates Again, but Where’s the Inflation?
By Lindsay Dunsmuir and Howard Schneider, ReutersThe Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its...
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3 Reasons the Job Market Is Weaker Than You Think
By Jeff Spross, TheWeek.comFriday's jobs report landed with a splat. The economy created 138,000 jobs in May, which is pretty meager. And if you compare job creation over the past year to the last six months and then three...
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Why Job Openings Are Surging to Record Highs
By Lucia Mutikani, ReutersU.S. job openings surged to a record high in April and employers appeared to have trouble finding suitable workers, pointing to a tightening labor market that could encourage the Federal Reserve to...
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Unemployment Hits a 17-Year Low, but Some Economists See a Worrying Sign
By Rob GarverFriday’s jobs report was sobering, leading many economists to wonder if the economy has entered a long-term phase of slowing job growth that ought to give the Federal Reserve Board pause when its...
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Millennial Women Are Surging Ahead of Men in the Job Market
By Eric PianinFor decades, young men overshadowed young women in the job market, boasting higher education levels and grabbing the better-paying entry level jobs with more opportunities for advancement. With more...
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How Much Further Can the Unemployment Rate Drop?
By Jeff Spross, TheWeek.comHow low can unemployment go? It's a question Americans are no doubt excited to see answered. And the latest jobs report showed the unemployment rate falling from 4.5 percent in March to 4.4 percent...