December Jobs Report: Live Updates
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling signs of weakness. Three months and a full percentage point of rate
Melania’s $40m Amazon deal: another sign Bezos is capitulating to Donald Trump | Ma
The language in a New York Times article was extremely restrained as it described Jeff Bezos’s evolving stance regarding Donald Trump. The Amazon founder and the president-elect had had a rocky relationship in
The Fed Is in no Rush to Cut Rates, Even if There Is a Weak Jobs Report
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling signs of weakness. Three months and a full percentage point of rate
Meta never cared about factchecking. What it wants is friction-free oligarchy
This week Meta announced the elimination of its factchecking program in the US and rollbacks to content moderation policies on “hateful conduct”. These measures undoubtedly open the floodgates to more hateful, harassing and
How would a Tiktok ban work in the US?
The US supreme court will hear arguments on Friday from TikTok and its China-based owner ByteDance, which is seeking to block a law signed by Joe Biden that will ban the short-form video
California lawmakers to consider expediting insurance claims after L.A. fires
SACRAMENTO — As lawmakers regrouped Thursday after fiery devastation across Los Angeles, Assembly Speaker Robert Rivas vowed to back legislation to help homeowners expedite insurance claims, while Senate leader Mike McGuire delivered a tearful
UK Treasury chief heading to China to revive suspended economic and financial talks
LONDON — Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.’s Labour government seeks to reset strained ties with Beijing. The
Budget tax changes will push up price of fresh food, says Sainsbury’s boss
Changes to employers’ national insurance contributions announced in the government’s October budget will drive inflation, particularly on fresh food, according to the boss of Sainsbury’s as he announced a 5% pay rise for
Supreme Court to Hear Challenge to Law That Could Shut Down TikTok
The Supreme Court will hear arguments on Friday on the fate of TikTok, the enormously popular video app that Congress says poses a looming threat to the nation’s security. Unless the justices intervene
Economists Are in the Wilderness. Can They Find a Way Back to Influence?
Partway through a panel discussion at a recent economics conference in San Francisco, Jason Furman, a former adviser to President Barack Obama, turned to Kimberly Clausing, a former member of the Biden administration