U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.
America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
The word “billionaire” didn’t even exist until 1844. Fifty years later, we got “multibillionaire,” and for the next 127 years, that was enough. But in 2020, the rich got so much wealthier, we needed a new word: “centibillionaires.”
President Biden will release a record 1 million barrels of oil per day from the Strategic Petroleum Reserve in a bid to contain soaring energy prices...
Pesident Joe Biden’s 40-year-high inflation will cost American households on average an extra $5,200 in 2022, or $433 per month, according to Bloomberg.
Americans are increasingly concerned about rising inflation, which is at its highest level in almost 40 years, according to a new Gallup poll released on March 29.
The Federal Reserve approved the first interest rate hike in the U.S. since 2018 this month, and several more increases seem likely in the months to come.
er of unemployed people per job opening hovered at record-low levels in February, a new sign of the difficulty employers face in hiring and retaining workers.
President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.
