u.s. economy news today
- ECONOMY
China’s Biggest ‘Bad Bank’ Tests Beijing’s Resolve on Financial Reform
HONG KONG — BlackRock gave it money. So did Goldman Sachs. Foreign investors had good reason to trust Huarong, the…
Read More » - ECONOMY
Canada’s transition to a knowledge economy could suffer if business doesn’t take mental health seriously
Breadcrumb Trail Links News FP Work Economy Conservative estimates place the economic impact of poor employee mental health at $50…
Read More » - ECONOMY
The housing market is hot, but the rental market could quickly catch up as economy reopens
Breadcrumb Trail Links Real Estate News Economy Higher demand for rental housing in next few months expected to put pressure…
Read More » - ECONOMY
Looking for Bipartisan Accord? Just Ask About Big Business.
But in recent years, that compact has begun to fracture. Democrats, pushed by progressive activists, have shifted further to the…
Read More » - ECONOMY
Economist calls for calm on inflation talk: ‘Everything ultimately will settle down’
A worker on an auto assembly line in Smyrna, Tennessee. Luke Sharrett/Bloomberg/Getty Images The concentration of price pressures in a…
Read More » - ECONOMY
Prices may be rising, but here’s why Stephen Poloz isn’t too concerned about it
Breadcrumb Trail Links Economy Kevin Carmichael: Poloz reckons the world is simply finding its way back to a new balance…
Read More » - ECONOMY
April’s inflation surge wasn’t as drastic as it looked, but the real test is still ahead
A woman wears a face mask while shopping for a baby shower gift during the Covid-19 pandemic, at Madison’s Niche…
Read More » - ECONOMY
As Trillions Flow Out the Door, Stimulus Oversight Faces Challenges
WASHINGTON — Lawmakers have unleashed more than $5 trillion in relief aid over the past year to help businesses and…
Read More » - ECONOMY
Thomas Peterffy says he’s worried inflation in U.S. could become an ‘unstoppable situation’
Wall Street pioneer Thomas Peterffy told CNBC on Wednesday he was concerned about the prospect of damaging inflation in the…
Read More » - ECONOMY
Inflation spooks stocks and raises fear the Fed is wrong that the price spike is temporary
Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest…
Read More » - ECONOMY
Indiana’s plan to use COVID-19 relief to uplift its struggling regions
Last month, Brookings Metro detailed the American Rescue Plan’s (ARP) appropriation of $350 billion in extremely flexible state, local, and…
Read More » - ECONOMY
Weekly mortgage refinance demand jumps on brief drop in rates
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan |…
Read More » - ECONOMY
Why everybody is stressing out about rare earth metals — podcast
Breadcrumb Trail Links Transportation Renewables News Mining FP Energy Economy Autos Episode 101 of Down to Business podcast Author of…
Read More » - ECONOMY
For Clean Energy, Buy American or Buy It Quick and Cheap?
In January, Patricia Fahy, a New York State legislator, was celebrating a new development project for the Port of Albany:…
Read More » - ECONOMY
Job openings leaped above 8 million in March, a new record high
A help wanted sign is displayed in the window of a Brooklyn business in New York. Spencer Platt | Getty…
Read More » - ECONOMY
Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs
US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the…
Read More » - ECONOMY
The unsteady future of food manufacturing in Canada
Breadcrumb Trail Links News Economy For a country so rich in raw materials, untapped processing potential means untapped value. More…
Read More » - ECONOMY
No recovery without ‘she-covery’: Women bear the brunt of latest jobs decline
Breadcrumb Trail Links News Economy Two-thirds of the 500,000 jobs yet to be reclaimed are women’s Author of the article:…
Read More » - ECONOMY
China’s Vaccine Diplomacy Just Got a Big Win. But Can the Country Deliver?
Developing countries racing for coronavirus vaccines now have another dependable option — and China’s reputation as a rising scientific superpower…
Read More » - ECONOMY
Labor secretary says pandemic is still weighing on economy but confidence is coming back
Labor Secretary Martin Walsh said Friday that the Covid-19 pandemic is still weighing on jobs but projected optimism about recovery…
Read More » - ECONOMY
China’s trade with the U.S. and Australia grew in April despite tensions
Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s exports…
Read More » - ECONOMY
David Rosenberg: Some effects of the pandemic may linger, but inflation isn’t one of them
Breadcrumb Trail Links Economy Post-summer, expect production to expand, demand growth to recede, and for all this price inflation chatter…
Read More » - ECONOMY
Fed warns about potential for ‘significant declines’ in asset prices as valuations climb
People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. Ting Shen |…
Read More » - ECONOMY
April jobs expected to top 1 million as consumers boost the economy
Server Adrian Almanza brings entrees to a table at Satay Thai Bistro and Bar, in Las Vegas, Nevada, March 28,…
Read More » - ECONOMY
How tax incentives can power more equitable, inclusive growth
For decades, tax incentives have been a major policy tool to spur economic development and attract and retain good jobs.…
Read More » - ECONOMY
Promising job numbers are hiding a slow recovery for many metro areas
Employers across America’s largest metro areas added nearly 453,000 workers to their payrolls in March. This marked the largest monthly…
Read More » - ECONOMY
Jobless claims tumble in another sign the labor market is getting closer to pre-pandemic levels
The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance hitting a fresh pandemic-era low. Initial…
Read More » - ECONOMY
SkipTheConsultations: Promising financial upstarts face headwinds amid regulatory uncertainty in Canada
Breadcrumb Trail Links News FP Finance Fintech Economy SkiptheDishes and Neo Financial founder seeing firsthand how government can create hurdles…
Read More » - ECONOMY
Private payrolls show big gain in April but still short of lofty expectations, ADP says
Bartenders wearing protective masks assist customers sitting at the bar at Blooms Tavern in New York, U.S., on Monday, May…
Read More » - ECONOMY
Forget NFTs. What about the HTF (Hard to Find)?
The definition of a luxury problem, according to Olivia Kraus, a lawyer in Mount Vernon, N.Y., is the inability to…
Read More » - ECONOMY
ESG ‘fantasy’ distracts from real climate change fight, says former Blackrock insider
Breadcrumb Trail Links Transportation Renewables News FP Energy Economy Autos Episode 100 of Down to Business podcast Author of the…
Read More » - ECONOMY
The Dream: International Travel. The Reality: Chaos and Confusion.
Governments, tourism boards, airlines, hotel companies, travel agencies and cruise operators, along with tour bus drivers, housekeepers, local guides, pilots,…
Read More » - ECONOMY
The Covid recovery still has a K shape
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020.…
Read More » - ECONOMY
Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating
This is a breaking news story. Check back for updates. Treasury Secretary Janet Yellen conceded Tuesday that interest rates may…
Read More » - ECONOMY
U.S. trade deficit surges to new record; shortfall with China keeps rising
A container ship is guided by tugboats out of the terminal at the Port of Long Beach-Port of Los Angeles…
Read More » - ECONOMY
Fed’s Barkin sees higher inflation this year, but then a reversal in 2022
Richmond Federal Reserve President Thomas Barkin told CNBC on Monday that he sees inflation pressures building this year that he…
Read More » - ECONOMY
Jerome Powell strikes a hopeful tone but emphasizes the pandemic’s uneven costs.
Jerome H. Powell, the Federal Reserve chair, struck a hopeful tone about the United States economy in a speech on…
Read More » - ECONOMY
Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett…
Read More » - ECONOMY
Competition Bureau gets a budget boost, but is it enough to make companies think twice?
Breadcrumb Trail Links News Economy The question is: Do Canadians really want to have a kick-ass competition bureau? Author of…
Read More » - ECONOMY
Mozambique Mints a New National Park — and Surveys Its Riches
When you stand in the Chimanimani Mountains, it’s difficult to reconcile their present serenity with their beleaguered past. From the…
Read More » - ECONOMY
Biden’s Proposals Aim to Give Sturdier Support to the Middle Class
Skeptics have warned of government overreach and the risk that deficit spending could ignite inflation, but Mr. Biden and his…
Read More » - ECONOMY
Job growth could surpass 1 million in April hiring boom as economy roars back
A Wawa store hiring sign in Bethany Beach, Delaware. Stephanie Dhue | CNBC The economy could add more than 1…
Read More » - ECONOMY
Biden, in Georgia to Promote Economic Agenda, Visits Carter
President Biden visited former President Jimmy Carter, an old friend, as he traveled to Georgia on Thursday to pitch his…
Read More » - ECONOMY
Auto sales helped get the economy off to a good start in 2021.
In the first months of 2021, what was good for the auto industry was decidedly good for the American economy.…
Read More » - ECONOMY
Pending home sales rose less than expected in March as prices soared
A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan |…
Read More » - ECONOMY
Consumer-fueled economy pushes GDP to 6.4% first-quarter gain
Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer…
Read More » - ECONOMY
Diapers, Cereal and, Yes, Toilet Paper Are Going to Get More Expensive
Procter & Gamble is raising prices on items like Pampers and Tampax in September. Kimberly-Clark said in March that it…
Read More » - ECONOMY
Powell says he plans to meet with homeless Americans in Washington, DC
Federal Reserve Chairman Jerome Powell said Wednesday that he has in the past met with homeless Americans and that doing…
Read More » - ECONOMY
How ‘urban mining’ could someday replace pulling minerals from the ground — podcast
Article content There’s a race going on right now to remake the North American recycling landscape. This week Down to…
Read More » - ECONOMY
Biden Details $1.8 Trillion Plan for Workers, Students and Families
Bruce Fuller, a professor of education at the University of California, Berkeley, has been a critic of the universal approach,…
Read More »
