Category: Economy

US employers added a solid 199,000 jobs in November in sign of a still-sturdy labor market
Still, the job market is gradually decelerating along the lines that Fed officials have wanted to see. The Fed has raised its key short-term rate fro [...]
Americans are losing benefits. That could hurt Biden in 2024.
The collective impact: a cascading set of new financial burdens that are disproportionately affecting women, young people and people of color — a cor [...]
White House weighed polling urging a ‘Bidenomics’ reboot
Just 35 percent of Americans trusted Democrats more on economic issues, according to weeks of private polling presented to the White House in mid-Sep [...]
They Predicted an Enduring Democratic Majority. What Went Wrong?
Once upon a time, Judis and Teixeira’s The Emerging Democratic Majority was hailed for having foreseen the rising minority and college-grad demograph [...]
Federal Reserve declines to raise interest rates
Federal Reserve declines to raise interest rates
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Biden’s vision for a rejuvenated child care system is about to hit a wall
The emergency funding, approved early in Biden’s presidency, helped 80 percent of providers nationwide pay down debts and hold onto employees, averti [...]

Walkout at a flagship Ford plant could up economic stakes of UAW strike
The trajectory of the strike could become clearer Friday morning, when UAW President Shawn Fain is scheduled to make his usual weekly appearance on F [...]
Biden dodges on why Americans are still unhappy with the economy
Biden dodges on why Americans are still unhappy with the economy
www.politico.com [...]
The White House hasn’t convinced people that ‘Bidenomics’ works. So what now?
And Rep. Steven Horsford, who chairs the Congressional Black Caucus, said in an interview this week that he’s warned the White House that the Bidenom [...]
Fed holds interest rates steady for second time this year
Fed holds interest rates steady for second time this year
www.politico.com [...]
Heidi Shierholz raises concern over AI and power imbalance in labor
Heidi Shierholz raises concern over AI and power imbalance in labor
www.politico.com [...]

UAW strike: Chamber of Commerce blames President Joe Biden’s pro-union policies
The United Auto Workers announced a strike at three plants — one each at Ford, General Motors and Stellantis — overnight after failing to agree on a [...]
Biden super PAC ad campaign begins in swing states
The election is still 423 days away, and Biden and his chief super PAC are already running TV ads in nearly every major battleground state — far earl [...]

Biden is selling an economy on the rise. Voters aren’t buying it so far.
For months, the president and members of his Cabinet have crisscrossed the country to preach the message the administration has packaged as “Bidenomi [...]
Gina Raimondo says she complained to Chinese officials about being hacked
“It’s a complicated relationship,” Raimondo said. “There’s no doubt about it. We are in a fierce competition with China at every level. And anyone wh [...]