Business
How the U.S. got into this baby formula mess
Posted on · Just a handful of formula makers dominate the industry so a single plant shutdown can lead to empty shelves.
Business & Economy
The U.S. added 678,000 jobs in February. It’s another sign of a hot labor market
Posted on · U.S. employers added 678,000 jobs in February, as the unemployment rate fell to 3.8%, from 4% in January. The Federal Reserve hopes to curb inflation without stalling job growth.
Business
Hiring slowed sharply in November, even before omicron, with 210,000 jobs added
Posted on · Hiring slowed sharply last month, even as the unemployment rate fell to 4.2%. Data from the Labor Department suggest the economy was losing steam even before the appearance of a new COVID-19 variant.
Business
Business Should Be Booming — If Only There Were Enough Workers For The Job
Posted on · Small businesses are struggling to find enough workers to keep pace with booming demand even as data showed 850,000 jobs created in June.
Unemployment
A Lifeline For The Unemployed Is About To End In Half Of U.S. Here’s What’s At Stake
Posted on · Republican governors are moving to end a $300-a-week pandemic lifeline for the unemployed in a controversial effort to push people back to work, with four states set to end them this week.
Business
Employers Add 916,000 Jobs As Economy Emerges From Winter Slump
Posted on · Hiring by U.S. employers accelerated sharply amid an improving public health outlook and a new round of $1,400 relief payments.
Business
U.S. Economy Grows At Record Pace But Still Has A Long Way To Go
Posted on · U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.
National
3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever
Posted on · The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.
National
May Surprise: U.S. Adds 2.5 Million Jobs As Unemployment Dips To 13.3%
Posted on · U.S. employers unexpectedly added jobs last month as the unemployment rate declined, signs that people are returning to work as states reopen their economies. President Trump celebrated the news.
National
Fed Goes All Out To Keep Economy Alive During Coronavirus Shutdown
Posted on · The Federal Reserve has moved quickly and creatively to pump money into the rapidly shrinking U.S. economy in hopes of keeping it afloat long enough to outlast the coronavirus pandemic.
News
Trump Vetoes Congressional Effort To Limit Border Wall Funding
Posted on · The president uses his veto pen for the first time. GOP senators who bucked him in Thursday's vote say they did it to preserve congressional control over government spending.
National
FACT CHECK: Trump’s Oval Office Pitch For A Border Wall
Posted on · President Trump used his first prime-time address from the Oval Office to make the case for a $5.7 billion border wall. That demand and Democrats' opposition has led to a partial government shutdown.
News
Is Trump The Toughest Ever On Russia?
Posted on · President Trump boasts that he's tougher on Russia than any other president. His administration has adopted some tough policies, even though Trump's rhetoric is almost always friendly toward Moscow.
News
‘We’ve Been Through Darker Times’: Barack Obama Speaks In South Africa
Posted on · In one of his most high-profile appearances since leaving the White House, former President Barack Obama urged listeners to resist cynicism as he celebrated the legacy of Nelson Mandela.
News
WATCH: Trump’s Refusal To Back U.S. Intel Over Russia At Putin Summit Sparks Bipartisan Ire
Posted on · The leaders held a stunning joint news conference after speaking privately for about two hours, just days after a grand jury indicted 12 Russian intelligence agents on election-related charges.