Rent, utilities rose faster than home values for first time in a decade

New data from the 2023 American Community Survey also showed that nearly half of renter households spent more than 30 percent of their income on housing costs.

By Rachel SiegelSeptember 12, 2024

Atlanta Fed president violated trading rules, inspector general finds

The report on Raphael Bostic marked the latest revelation in a series of trading issues to rock the institution.

By Rachel SiegelSeptember 11, 2024

Household incomes rose last year for the first time since 2019

Household incomes rose last year for the first time since 2019, but the poverty rate also went up.

By Abha BhattaraiSeptember 10, 2024

Inflation was higher in metros with greater 2020 Trump support

Metros that had more votes for Trump in 2020 have experienced higher inflation since then. Here’s why and what that means for this election.

By Alyssa FowersSeptember 5, 2024
BusinessColumn

Work Advice: Office ‘conversation hogs’ talk back

In response to a recent column on overtalkers at work, readers offer observations and solutions from their own workplaces.

By Karla L. MillerSeptember 5, 2024

Calculate how much more mortgages will cost as interest rates rise

See the difference in monthly costs between a typical mortgage signed today and one signed just a few months ago.

By Chris AlcantaraSeptember 3, 2024

Meet one of America’s newest union leaders: Brooke Shields

Brooke Shields became president of the 51,000-member Actors’ Equity Association this year, with plans to use her celebrity to put money into actors’ pockets.

By Lauren Kaori GurleySeptember 2, 2024
BusinessColumn

Work Advice: How to handle a coworker who hijacks conversations

How can you speak honestly about an interrupter’s irritating habit without being hurtful?

By Karla L. MillerAugust 29, 2024

Technical error caused jobs data delay that sparked outrage, BLS says

The jobs revision delay is just the latest in a series of mishaps that Wall Street and Washington critics say threaten to undermine faith in the agency.

By Lauren Kaori Gurley and Rachel SiegelAugust 28, 2024

Small grocers feel squeezed by suppliers, and shoppers bear the pain

Independent grocery stories, often lifelines in small, rural communities, try to scrape by on smaller margins while bigger rivals get better deals from wholesalers.

By Jaclyn PeiserAugust 25, 2024

Fed Chair Powell: ‘The time has come’ for interest rate cuts

At the Jackson Hole Economic Symposium, Jerome E. Powell hinted at upcoming Fed interest rate cuts due to easing inflation and a cooling job market.

By Rachel SiegelAugust 23, 2024

Canadian government ends major railway stoppage, ordering arbitration

Canada’s two largest railroads shut down early Thursday in response to a labor dispute, jeopardizing deliveries of crucial supplies.

By Lauren Kaori GurleyAugust 22, 2024

Markets and households eagerly await Powell’s hints about Fed rate cut

Jerome Powell's Jackson Hole speech will offer the clearest clue yet about what the Federal Reserve plans to do with interest rates at its September meeting.

By Rachel SiegelAugust 22, 2024

Labor market was weaker than previously reported in big fix to jobs data

The economy created 818,000 fewer jobs than previously reported in the year ending in March, according to data released Wednesday by the Bureau of Labor Statics.

By Lauren Kaori Gurley and Rachel SiegelAugust 21, 2024

Looming Canadian railroad work stoppage threatens U.S. supply chains

Canada’s two largest railroads plan to lock out Teamsters members as soon as Thursday, halting the delivery of cars, grains, timber, petroleum products and other critical goods into the U.S.

By Lauren Kaori GurleyAugust 21, 2024

For Pa. presidential bellwether, inflation is just the latest challenge

In Erie — a bellwether county that voted for Obama, Trump and Biden — inflation is just part of the reason why voters don’t trust politicians on the economy.

By David J. LynchAugust 17, 2024

Harris to meet with Teamsters, as candidates compete for union voters

The powerful transportation union is also expected to have a presence on the stage at the Democratic National Convention in Chicago next week

By Lauren Kaori GurleyAugust 16, 2024

JD Vance says he’s ‘pro-family.’ Many women say the economy isn’t.

For millions of Americans, the economic and financial toll of raising a family increasingly weighs on one of the most personal life choices.

By Rachel SiegelAugust 16, 2024

Surprise jump in retail sales casts aside recession fears

Americans are still spending big — on cars, appliances and furniture — in a surprise burst of activity that’s propelling the U.S. economy and helping shake off fears of an impending downturn.

By Abha BhattaraiAugust 15, 2024

What’s happening with grocery prices?

Vice President Kamala Harris is poised to unveil a proposal on “price gouging” for food and groceries.

By Rachel SiegelAugust 15, 2024