Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…
Confused about the debt ceiling? Here’s what you need to know
The White House and Republicans in Congress are mired in a standoff over the debt limit. Failure to raise or…
Debt ceiling deal appears no closer after high-stakes meeting, but leaders will huddle again Friday
WASHINGTON — Top congressional leaders left a high-stakes meeting with President Joe Biden on Tuesday showing few signs they had moved…
A.I. trade is leaving investors vulnerable to painful losses: Evercore
The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…
SEC awards record $279 million to whistleblower
WASHINGTON — The nation’s top securities regulator on Friday announced it had given a $279 million award through its whistleblower…
Russia and China would use debt default to portray U.S. as chaotic, intel chief warns
WASHINGTON — The director of America’s top spy agency warned lawmakers Thursday that Russia and China will take advantage of the U.S.…
House China committee targets top clothing brands in forced labor inquiry
WASHINGTON — A House committee examining the U.S. government’s economic relationship with China is asking some of the world’s largest…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’
The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…
Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement
WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…
