Republicans grill Fed nominee Raskin over past views on climate and big energy companies
Senate Republicans on Thursday peppered Sarah Bloom Raskin with questions over whether she would steer the institution into climate change.
Here’s where the jobs are — in one chart
The U.S. added over 450,000 jobs last month amid strong demand for workers at restaurants, retailers and mail and parcel delivery companies.
Payrolls show surprisingly powerful gain of 467,000 in January despite omicron surge
Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.
Black unemployment rate dips, labor force participation rises in January
The Black unemployment rate dipped to 6.9% in January from 7.1%.
Long-term unemployment tumbles in January
The share of workers unemployed for more than six months fell significantly from December, on the back of an unexpectedly strong January jobs report.
Fed influence, shaky forecasts, delayed decisions: How the Biden administration misread the inflation threat
The Biden administration misread the rising threat of inflation for a variety of reasons, according to several economists and current and former officials.
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even...
Drug overdoses are costing the U.S. economy $1 trillion a year, government report estimates
U.S. government officials said synthetic opioids are akin to “a slow-motion weapon of mass destruction.”
Consumer debt totals $15.6 trillion in 2021, a record-breaking increase
Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1...