Why that ‘last mile’ of the inflation fight may be more challenging
Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…
Weekly jobless claims post lowest reading since September 2022
The labor market continued to show surprising resiliency in the early days of 2024, with initial jobless claims posting an…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and…
Biden administration issues rule that could curb ‘gig’ work, contracting
The U.S. Department of Labor on Tuesday issued a final rule that will force companies to treat some workers as…
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…
Global shipping delays cast shadow over strong December jobs report
WASHINGTON — The strong December jobs report released Friday capped off a year of economic wins for the Biden administration.…
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet…
Inflation has created a dark cloud over how everyday Americans view the economy
When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly…
Lawmakers praise workers for landmark Wells Fargo union branch vote in New Mexico
WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for becoming the first…
‘Too many things unaffordable:’ Biden fires up price wars as inflation cools
New data from the Federal Reserve suggests that inflation further cooled in November. But President Joe Biden’s crusade to convince…
