Browsing: Economy
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that the central bank will need to hold interest rates steady for an “extended period” that may last through the rest of…
Federal Reserve Chair Jerome Powell spoke May 1, trying to project an image of calm optimism. But, very much like the Wizard of Oz, the Fed doesn’t want you to pay…
Federal Reserve Bank of New York President John Williams said Monday that the central bank’s next move will likely be to lower interest rates — though he didn’t specify a…
The share of renters in the U.S. who believe they will someday own a home has plummeted over the past year, as the home affordability crisis continues to make the…
A post-COVID industry-wide “renaissance” has forced board game makers to adapt to new trends and innovate beyond classic games. “During the pandemic, I would call that kind of almost, like…
Hims & Hers founder and CEO Andrew Dudum said Sunday that his previous comments offering support for anti-Israel protesters on college campuses were “misconstrued by some” after the company’s stock…
A Florida man has filed a lawsuit against three pharmacies and their respective pharmacists after he claims he was prescribed Adderall that sent him into psychosis. Robert Buckley alleges the…
The cost of rebuilding Baltimore’s Francis Scott Key Bridge could reach nearly $2 billion, Maryland officials said this week, as the state filed insurance claims related to the collapse. The…
Job growth sputtered in April as many industries like manufacturing and leisure and hospitality pulled back on hiring. Employers added 175,000 jobs in April, the Labor Department said in its…
U.S. job growth slowed sharply in April while the unemployment rate unexpectedly rose, a sign that high interest rates and stubborn inflation are starting to weigh on the labor market.…