Applications for unemployment benefits climbed to a more than one-year high and wholesale inflation continued to moderate, adding to signs of softening in the economy.
Increasing numbers of Americans say they are struggling with their finances, according to a new Federal Reserve report revealing the toll that inflation has taken on US households over the past year.
By: Augusta Saraiva, Jonnelle Marte, Reade Pickert
Three years ago, a global pandemic triggered a so-called “she-cession,” as millions of women lost their jobs or left the workforce to care for loved ones. Now, they’re leading the recovery.
El presidente de la Reserva Federal de Estados Unidos, Jerome Powell, llegó el martes a una reunión con un grupo de demócratas de la Cámara de Representantes en medio de un impase en Washington sobre el aumento del límite de la deuda del país.
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. We’re focusing this week on the debt-ceiling drama. Today, Reade Pickert tallies some of the costs of the wrangling over the debt limit. Sign up here and follow us at @bpolitics. Email our editors here.