Modernizing employment records: The public infrastructure the US labor market needs
When the pandemic hit, millions lost jobs overnight—but the U.S. had no way to quickly identify which workers…
AI could cause quiet labor market
Kevin Hassett, director of the National Economic Council, speaks during an Economic Club of Washington event in Washington,…
Hassett and Leavitt suggest limited data for October, clouding Fed and Wall Street outlook
The markets are ending the week on a low note as the global selloff continued in Asia and…
U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador,…
Trump tariffs help push U.S. beef prices higher
President Donald Trump is blaming the meat packers and U.S. cattlemen for rising beef prices, but the tariffs…
The explosives shortage may drive up phone, energy and home prices
The United States is facing a shortage of TNT, a high explosive that is essential to the manufacturing…
50-Year Mortgage Rate Would Add About 86% More Interest Over Life Of Loans
President Donald Trump’s idea to introduce a 50-year mortgage rate is being picked apart by housing and economics…
K-shaped economy can also be found in S&P 500, says Apollo, with Magnificent 7 the winners
The economy is a tale of two halves at present, with wealthy consumers reporting confidence in their outlook,…
Economic Pessimism Hits Near Historic Levels
Topline Views on the U.S. economy fell to a three-year low among Americans this month as consumers expressed…
U.S. Treasury yields: economic data blackout continues
U.S. Treasury yields were higher on Friday as investors continued to face an economic data blackout amid the…
It’s the (Not Caring About the) Economy, Stupid
Devil’s bargain. One of the rare joys of social media is getting to watch Very Online political influencers…
Consumer debt rises amid worsening ‘K-shaped’ economic divide
Americans are falling deeper into debt, but not across the board. Collectively, credit card balances rose by $24 billion in…