Labor economy

Biden hails hot GDP report, but voters don’t see the rosy picture Wall Street does

WASHINGTON —  The U.S. GDP grew at 5% last quarter, better than expected, and President Joe Biden said it was evidence…

Powell says inflation is still too high and lower economic growth is likely needed to bring it down

Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be…

Biden takes credit for easing inflation, strong job market as GOP polls better on economy

WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…

Biden cheers jobs numbers, asks House to get back to work

WASHINGTON — President Joe Biden welcomed job growth news released Friday, but warned of the economic consequences that would ensue…

Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections

The U.S. Department of Labor is poised to issue a rule in coming weeks that’s likely to raise protections for…

Hispanic unemployment rate declines in September

The U.S. unemployment rate held steady in September but ticked down among Hispanic workers, according to data released Friday by…

Watch live: President Biden delivers remarks on the September jobs report

(The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a…

Kaiser Permanente workers strike for second day in dispute over health-care staffing

Tens of thousands of Kaiser Permanente workers remained on strike Thursday for a second day over a short-staffing crisis at…