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Column: If Powell’s Fed tenure is a success, what would failure look like?
Just 36 months ago, Federal Reserve Chair Jerome Powell said low inflation — it had averaged just 1.7% ... Read more
Archive for economist
Local News
‘You learn to cope’
The Consumer Price Index (CPI) released by the Bureau Of Labor statistics last week reported an annual gain ... Read more
National News
3 US-based economists win Nobel for research on wages, jobs
STOCKHOLM — A U.S.-based economist won the Nobel prize in economics Monday for pioneering research that transformed widely ... Read more
National News
US economy grows 6.4% in Q1, and it’s likely just the start
WASHINGTON — The U.S. economy grew at a solid 6.4% rate in the first three months of the ... Read more
National News
US loses 140,000 jobs, first monthly loss since spring
WASHINGTON — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear ... Read more
Community
Unemployment rate falls to 13.3%, US adds 2.5 million jobs
The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — ... Read more
National News
US unemployment spikes to a Depression-era level of 14.7%
WASHINGTON — The U.S. unemployment rate hit 14.7% in April, a level last seen during the Great Depression, ... Read more
Covid-19
A record 6.6 million seek US jobless aid as layoffs mount
More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just ... Read more
Covid-19
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous ... Read more
Covid-19
Virus-related shutdowns bringing US economy to grinding halt
AUSTIN, Texas — It took 15 minutes for the coronavirus to wreck Shelley Hutchings' carefully calculated financial plans. Read more