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The Week in Business: A Big Step for Infrastructure Spending

The Week in Business: A Big Step for Infrastructure Spending

The next step for the $1 trillion bipartisan bill is the House. And its future there is not guaranteed.

One Number to Gauge Where the Economy Is Headed

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One Number to Gauge Where the Economy Is Headed

The yield on the 10-year Treasury note is often a reliable indicator of how Wall Street views the prospects of economic growth — especially when other data points send confusing signals.

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This Is a Terrible Time for Savers

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This Is a Terrible Time for Savers

In an upside-down world of financial markets, expected returns after inflation are at record lows.This post was originally published on this site

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Big Economic Challenges Await Biden and the Fed This Fall

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Expiring unemployment benefits and the Delta variant add uncertainty to a recovery that has brought strong growth but an unusual labor market.This post was originally published on this site

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Home Prices Are Soaring. Is That the Fed’s Problem?

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Low interest rates are one reason that the housing market has taken off. They are far from the only one.This post was originally published on this site

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Covid Aid Programs Spur Record Drop in Poverty

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The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.This post was originally published on this site

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Inflation Is New Battle Line as Republicans and Biden Spar Over Spending

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Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.This post was originally published on this site

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Senators and Biden Aides Struggle to Save Bipartisan Infrastructure Deal

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A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.This post was originally published on this site

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