business news

Op-ed: Biden’s American Rescue Plan props up underserved communities with jobs, education

Wally Adeyemo is the deputy secretary of the U.S. Treasury Department. Martin Luther King, Jr.’s last speech was given in…

Black women are gaining ground in the labor market but still face unique barriers

A decrease in the unemployment rate of Black women is heartening, but labor experts warn that the trend shouldn’t create…

Show me the money: The highest revenue raising taxes in Biden’s proposed budget

President Joe Biden released his 2024 budget plan Thursday that promises to cut the deficit by $3 trillion over the…

Here’s where the jobs will be during the rolling recessions

Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market. “Rolling…

Pence says Trump ‘endangered my family’ on Jan. 6

Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6…

Inflation report due Tuesday has the potential to deliver some bad news

Just as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that narrative. All market…

Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans

WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature…

U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says

U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…

Italy’s own version of Alexandria Ocasio-Cortez is shaking up politics in Rome

Italy has a new face in its national politics that’s being compared to Rep. Alexandria Ocasio-Cortez, the popular Democrat lawmaker stateside.…

Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago

Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor…