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Immigration and job growth are linked, Fed says
Areas that recently experienced the largest slowdowns in unauthorized immigration also saw the largest slowdowns in employment growth, according to d…
2 weeks ago
Why would the Fed loosen mortgage regulations?
After the 2008 housing market crash, new rules required banks hold capital reserves proportional to the home loans they issued. In response, banks is…
2 weeks, 1 day ago
What if Trump does roll back steel and aluminum tariffs?
The White House may roll back steel and aluminum tariffs, according to the Financial Times. Sure, President Donald Trump has announced or enacted tar…
2 weeks, 2 days ago
Inside the "biggest deregulatory action in U.S. history"
On Thursday, Feb. 12, the Environmental Protection Agency announced the revocation of the “endangerment finding,” a federal determination that planet…
2 weeks, 5 days ago
More K-shaped spending
When high earners ramp up their spending while low earners pull back, that’s a symptom of a "k-shaped" economy. But what about middle-income househol…
2 weeks, 6 days ago
Here's what we learned from the January jobs report
The January jobs report came out Wednesday, and on the surface, it was better than expected. The economy added more jobs than it has in months and th…
3 weeks ago
Holiday spending slowdown
New data show retail sales were flat in December, despite high expectations for the holiday season. So did shoppers spend less? Or did they just fron…
3 weeks, 1 day ago
Less-than-great expectations for upcoming jobs data
The January jobs report and consumer price index come out this week, and experts expect both employment and inflation to hold relatively steady. But …
3 weeks, 2 days ago
Consumer mood sours
On the whole, consumers are feeling 20% worse about the economy than they were a year ago, according to the University of Michigan Surveys of Consume…
3 weeks, 5 days ago
There are more unemployed people than job openings right now
The latest JOLTS report is bleaker than expected. There were 6.5 million job openings across the U.S. economy in December, down nearly 400,000 from t…
3 weeks, 6 days ago