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Ms. Yellen’s letter to Congress was her third warning. Last week, she told lawmakers that she was beginning to use extraordinary measures to delay a default.
Continue reading …In an upside-down world of financial markets, expected returns after inflation are at record lows.
Continue reading …Many Republicans are disregarding the deficit impact for the sprawling infrastructure bill, but intend to change course for looming battles on social spending and the debt ceiling.
Continue reading …The new monthly numbers show job growth not seen in recoveries from the previous three recessions.
Continue reading …How to interpret the latest numbers.
Continue reading …A consensus of economists puts the expected gain at more than 800,000, although estimates vary widely.
Continue reading …Economists will dig through Friday’s labor data for signs that people went back to work as they lost emergency pandemic aid in some states.
Continue reading …Expiring unemployment benefits and the Delta variant add uncertainty to a recovery that has brought strong growth but an unusual labor market.
Continue reading …Low interest rates are one reason that the housing market has taken off. They are far from the only one.
Continue reading …A 2.8 percent rise in spending on services helped offset declines in other areas of the economy.
Continue reading …