Economy
-
The U.S. has updated its Social Security estimates. Here’s what you need to know.May 08, 2024 10:45 am - A government report Monday released fresh estimates of the budget outlook for Social Security, which provides critical benefits for retirees, workers’ survivors and some ...
-
Public sector labor shortage hurts vital services and communities, not faceless bureaucratsMay 03, 2024 3:44 pm - Illinois is facing a severe shortage of workers in key public service roles. The shortage partially is due to a robust labor market. Although Illinois’ unemployment rate ...
-
The Fed indicated rates will remain higher for longer. What does that mean for you?May 03, 2024 9:27 am - NEW YORK — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer...
-
U.S. employers scaled back hiring in April but still added 175,000 jobs in the face of higher ratesMay 03, 2024 7:54 am - WASHINGTON — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high interest rates may be starting to ...
-
IRS acts to address wide disparity in audit rates between Black taxpayers and other filersMay 02, 2024 4:03 pm - WASHINGTON — The IRS said Thursday it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining ...
-
Pro-Palestinian banners. Blazing Olympic rings. Workers' May Day rallies confront turbulent timesMay 01, 2024 10:53 am - ISTANBUL — Workers and activists around the world marked May Day with protests Wednesday over the pressure of rising prices and calls for greater labor rights. Pro- Pales...
-
Federal Reserve says interest rates will stay at two-decade high until inflation further coolsMay 01, 2024 1:15 pm - WASHINGTON — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until...
-
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cutsApr 29, 2024 2:20 pm - WASHINGTON — Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She's plann...
-
America’s child care crisis is holding back moms without college degreesApr 26, 2024 9:47 am - AUBURN, Wash. — After a series of lower-paying jobs, Nicole Slemp finally landed one she loved. She was a secretary for Washington’s child services department, a job that...
-
About 1 in 4 US adults 50 and older who aren’t yet retired expect to never retire, AARP study findsApr 26, 2024 2:39 pm - WASHINGTON — About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster th...
Showing 1-10 of 61
next