Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
Category: United States Economy
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.
The Fed Tries to Steer Clear of Politics, but Election Year Is Making It Tough
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
The Race to Reroute Goods From Baltimore: Trains, Trucks and Tractors
Since the collapse of the Key Bridge, other East Coast ports have absorbed the cargo previously handled in Baltimore, but some parts of the supply chain like trucking are struggling.
Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
Is the Boom-and-Bust Business Cycle Dead?
There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.
Biden and Corporate America? It’s ‘Complicated.’
The president has courted executives with long listening sessions and sustained outreach, but frustrated many with his tax plans and regulations.