Economy

Yellen expects inflation to linger, then ease later in 2022

She named health and child care concerns as two reasons why “many firms are experiencing a shortage of labor.” And…

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Opinion | Workers Are Getting Scammed. Biden Can Do Something About It.

This exploitation reflects the troubling emergence of a new threat to Americans already struggling to make ends meet: debt imposed…

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The political peril that Biden didn’t see coming

That prospect has heightened concern among Democrats about the potential political fallout, and the administration has scrambled to address some…

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Opinion | What the Supply Chain Crisis Reveals About American Infrastructure

As part of a push to get our logistics unstuck, the president is prodding the Port of Los Angeles, one…

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Wall Street’s wild party in jeopardy as Fed threatens aid cutoff

The central bank’s pullback has sparked jitters in financial markets, with the benchmark S&P 500 stock index in September recording…

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Pandemic relief brought economic security to millions. Some lawmakers see lasting lessons.

That’s fueling a debate over what role the government should continue to play in reshaping Americans’ livelihoods. Democrats say the…

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Biden’s debt ceiling gambit: Stay calm and carry on

So far, he’s settled on another approach: show no signs of panic. Biden has largely deferred to Democratic leaders to…

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Fed signals plan to pull back economic support even as virus looms

The central bank said it’s making progress toward its goals of averaging 2 percent inflation over time and reaching maximum…

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Biden hails ‘strong’ economic recovery despite disappointing jobs numbers

Biden laid blame for the sluggish growth of U.S. jobs on the “impact of the Delta variant” of the coronavirus.…

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Powell walks high wire as Fed plans to ease support for Biden’s economy

“With vaccinations rising, schools reopening, and enhanced unemployment benefits ending, some factors that may be holding back job seekers are…

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