A brightening growth picture encouraged the Federal Reserve last month to move forward with a scaling back of its bond-buying stimulus.
U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a Reuters survey of economists, with the jobless rate seen holding at a five-year low of […]
The government shutdown may have affected October’s jobs numbers. But not how you think. For weeks, the White House had been bracing for a bad report on hiring. Like pregame analysts ahead of a lopsided sports match, White House economists and aides lowered expectations and blamed October’s partial government shutdown for the inevitable bad news […]
Fast-food workers in more than 50 cities Thursday are striking for fair pay and the right to form a union — the biggest walkout to hit the industry. This latest round of labor unrest comes 50 years after hundreds of thousands of Americans, led by Martin Luther King Jr., joined the March on Washington for […]
As if voters don’t have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits. It would mark only the second year without an increase since automatic adjustments for […]