Home prices rose to a record high in December, showing sustained demand even as higher interest rates make buying a home more expensive. At the […]
Tag: economy
U.S. Trade Deficit Shrinks Dramatically Last Year
The U.S. trade deficit plunged last year to its lowest level since 2019, reflecting both a healthy domestic economy and falling reliance on foreign countries […]
Wages increased for restaurant and hotel staff post-pandemic
The cost of living has risen for leisure and hospitality workers while a hot labor market has spurred salary growth for low-paid workers – but […]
Retirements in public sector may be effecting economy’s strength
Juanita Waters wasn’t ready to quit working. But the United States Postal Inspection Service, where she worked for nearly 25 years, had a mandatory age cap in place. So, in March, she retired from the agency and left for a job in the private sector as an investigator for TD Bank.
Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High
U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by […]
Five things to watch for in March’s durable goods report
The US Commerce Department will publish its March durable goods advanced report Tuesday at 8:30 a.m. EST. Economists are spread wide on what they expect […]
Effects of Expired Child Tax Credit Reverberate for Families, Policymakers
When Alina McKnight’s middle daughter was experiencing a lack of motivation and mental health issues during the pandemic, her mother spent a little extra money […]
Plan to rent a car soon? It’s best to start your search early
An unexpected cross-country trip wasn’t something Jenavy Castro-Hernandez thought she and seven other family members would be doing, but when her uncle’s job sent him […]
More coding academies going remote is part of a changing job training landscape
Sarah Palmer was feeling burnt out and ready to leave her job in the addiction and mental health field in Dayton, Ohio, even before the […]
Durable goods decline slightly in February, but optimism remains for long-term recovery
Durable goods orders declined slightly in February as global supply chain issues lingered and inclement weather pushed the manufacturing industry’s steady recovery off track. New […]