Personnel

A meteoric rise in worker health costs has slowed — but they’re already ‘egregious,’ advisor says

Costs for some key health insurance components have slowed for workers in recent years. While the deceleration is a positive…

Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad

Friday’s market reaction to the jobs report comes down to a simple premise: bad news is good news, as long…

Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush

A political action committee funded largely by LinkedIn co-founder Reid Hoffman may be on the brink of launching a primary…

Labor costs show surprise decline in the third quarter

The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…

Why working longer is a bad retirement plan

Working longer is among the best ways to ensure you don’t outlive your retirement savings. The problem is, you can’t…

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…