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The White House and bipartisan lawmakers have agreed on a package that would provide funding for roads, bridges and other physical infrastructure.
Continue reading …By Ben Zipperer, Working Economics Blog, Economic Policy Institute After the longest period in history without an increase, the federal minimum wage today is worth 21% less than 12 years ago — and 34% less than in 1968. Saturday marked 12 years since the last federal minimum wage increase on July 24, 2009, the longest […]
Continue reading …Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.
Continue reading …The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.
Continue reading …Federal Reserve officials conclude a two-day meeting in Washington on Wednesday. The focus will be on laying the groundwork for less supportive policy.
Continue reading …Some see an undue rush by employers to get workplaces back to normal, whether by dropping precautions or imposing new rules.
Continue reading …Probably not. But there are potential challenges with both supply and demand that put the economy at risk.
Continue reading …From the IMFBlog – The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed.. By Gita Gopinath عربي, 中文, Español, Français, 日本語, Português, Русский […]
Continue reading …A federal eviction moratorium is set to expire this month. Housing advocates estimate that roughly 11 million adult renters are vulnerable to being evicted.
Continue reading …The gap between the rich and poor countries will widen as the United States and other advanced economies will expand faster than expected, according to new projections.
Continue reading …