Is the U.S. in recession now? Not yet — and here’s why
admin The official scorecard for the U.S. economy contracted in the spring for the second quarter…
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Public pension hole now $11,000 per U.S. worker
Top state and local pension funds lost $250 billion on the markets during the month…
Read MoreL.A. County dodges face-mask mandate as community transmission rates stabilize, and U.S. government orders 66 million doses of Moderna’s pending booster
Los Angeles County has dropped a plan for a universal indoor face-mask mandate as COVID…
Read MoreL.A. County dodges face-mask mandate as community transmission rates stabilize, and U.S. government orders 66 million doses of Moderna’s pending booster
Los Angeles County has dropped a plan for a universal indoor face-mask mandate as COVID…
Read MoreU.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read MoreU.S. stocks trade higher as S&P 500 heads for its best month since November 2020
U.S. stocks are trading higher Friday morning, with all three major benchmarks heading for weekly…
Read MoreU.S. consumer spending climbs sharply in June, but mostly because of high inflation
The numbers: Consumer spending, the main engine of the U.S. economy, jumped 1% in June,…
Read MoreU.S. wage pressures heat up in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
Read MoreOil prices climb, set to finish week higher despite U.S. recession fears
Prices of both U.S.-based and international crude-oil benchmarks rose on Friday as investors looked past…
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Opinion: Congress’s $76 billion plan to help U.S. chip makers is bad tax policy — and could turn into subsidies forever
Both the Senate and the House of Representatives have approved $52 billion in grants and…
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