All Economy
A 鈥楤iden boom鈥�? Inflation makes economy feel like a bust to many.Inflation is outstripping wage growth and proving聽less transitory than expected. That鈥檚 changing mindsets from the White House to lots of other houses.
How expanded child tax credit aided these moms, changed economyThe expanded child tax credit last year slashed poverty and tested a model of cash aid widely shared to families, with no strings attached.
First LookInflation may be peaking, but high prices could stick aroundNot since the days of 鈥渟tagflation鈥� have prices climbed as steeply as they did last month, putting pressure on everyone from small bakeries in Minnesota to used-car buyers in Maryland. Economists are uncertain how long high prices will stick.聽聽
First LookFor the first time, men are the minority on Fed Reserve boardsThe U.S. Federal Reserve banks are seeing some of the most diverse leadership since their founding. On the newly named 2022 boards, 44% of the directors are female and a record 40% of directors are people of color.
One neighborhood reaches for resilience: A letter from ChicagoThe historic聽Pullman neighborhood has been a proving ground for resilience amid economic ups and downs. It holds lessons beyond Chicago.
What inflation looks like for two Texas familiesThe pandemic and supply chain disruptions underlie inflation that鈥檚 hard for policymakers to fix. Households are responding with resourcefulness.
How these workers turned the 鈥楪reat Resignation鈥� into better careersThe pandemic has prompted many people to leave the job market. Many of those who used the downtime to upgrade their skills are finding good results.
First LookFacing pressure to act on inflation, governments worldwide respondPolitical pressure and, in some cases, protests have led some EU countries, Turkey, and the U.S. to ease the impact of inflation.
First LookWhy economists think inflation could drop in the new yearOver the last year, prices rose by 6.8%, but economists are hopeful that inflation will start to decline within a few months. A few wildcards remain, however, including whether recent increases in workers鈥� wages will keep prices high.
First LookNew York Starbucks may become first location to unionizeA Starbucks store in Buffalo, New York, could become the first Starbucks-owned store in the U.S. to be represented by a union, after workers voted 19-8 in favor of unionizing on Thursday. Some say it's a sign that the labor movement is stirring.
First LookAmazon outage emphasizes weak links in internet concentrationOn Tuesday, a massive outage of Amazon鈥檚 cloud computing network impacted businesses around the U.S.聽Although resolved by the end of the day, the incident highlighted how reliant businesses have become on concentrated internet services.
First LookGlobal pinch: Pressures from inflation felt worldwideRising prices, whether for food or fuel, are impacting people across the world. The International Monetary Fund predicts world consumer prices will rise by 4.3% this year, and experts are worried that the poor in developing nations will be disproportionately impacted.
The ExplainerAirlines face 鈥榰nruly passenger鈥� test as holiday travel reboundsHoliday air travel can always be a test of patience. That鈥檚 taking on new meaning as unprecedented聽unruly behavior coincides with a rebound in travel.
First LookThanksgiving dinner without Target? Holiday closures to stay.Target chose not to open its doors on Thanksgiving last year due to the pandemic. Now, the company has made the move permanent, ending a holiday shopping tradition to reduce costs and ease stress. The decision could encourage other retailers to follow suit.聽
Worker shortages: Is access to child care a key solution?Matching parents with child care is an idea that some groups serving the trades are using to woo women to their ranks. Could it work for other U.S. industries facing shortages as well?
The ExplainerInflation at 30-year high. Where it goes next is (partly) up to you.Here鈥檚 why the answer to today鈥檚 worrisome price spike may revolve around consumer and business mindsets, not just kinks in supply chains.聽
Economics 101: More college classes bring moral debates to the surfaceProfessors have often presented economics as the realm of rational people making efficient choices. Now many highlight underlying ethical debates.
First Look'A struggle and a journey': Report shows US economy recoveringThe U.S. labor department鈥檚 recent report shows optimistic trends in unemployment rates and rising pay, which could help offset anticipated long-term inflation. Experts appear confident in the economy鈥檚 path to recovery.
First LookSupply chain delays mean walnuts may not make the holiday tableIn California, shipping delays are affecting not just imports but exports, too. Without a way to ship holiday crops such as almonds, walnuts, and pistachios, farmers are losing out on markets and profits from overseas.
For workers, labor shortage means new leverage 鈥� and higher payAs employers confront a labor shortage, working Americans have new leverage to bargain for pay, benefits, and flexibility.