Federal Stimulus

Employment

‘What recession?’: US employers add 528,000 jobs in July – Associated Press

U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections. Unemployment dropped another notch, from 3.6% to 3.5%, matching the more than 50-year low reached just before the pandemic took

Opinion

Opinion: Fed Must Act Now to Stop Runaway Inflation – Inside Sources

Price inflation in the United States is getting out of control. Americans are seeing prices rise at the fastest rates in 40 years. Until recently, the Federal Reserve — the agency tasked with ensuring price stability — has been unwilling to address the problem. In recent months, the Fed has finally started raising short-term interest

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