Browsing: american economy
The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the…
Single women are scraping by: Held down by the wage gap and inflation, they struggle to build wealth or emergency savings
Being thirty, flirty, and thriving can be an uphill battle for single women these days. Weighed down by the persistent…
Jamie Dimon, who said the $34 trillion national debt was pushing U.S. off a ‘cliff,’ insists it’s ’vital’ to boost military spending
Jamie Dimon’s annual shareholder letter came out on Monday, and its 61 pages are full of ideas that lean more…
California’s new $20 minimum wage could leave the state with higher unemployment for years to come, economist says
California implemented its $20 minimum wage law for fast-food workers on Monday, bumping pay up to 25% from the state’s…
Virginia governor vetoes bill that would have boosted minimum wage from $12 to $15 over two years, saying it wasn’t needed
Republican Virginia Gov. Glenn Youngkin vetoed two top Democratic legislative priorities on Thursday: bills that would have allowed the recreational retail…
Bank of America CEO Brian Moynihan explains why you’d better ‘get used to mortgage rates of six, seven percent’
American consumers are being pulled in opposite directions right now—by rising prices that threaten consumption on one side, and by…
The U.K. and Japan have slumped into recession while the U.S. keeps defying gloomy expectations
As some of the world’s biggest economies stumble into recession, the United States keeps chugging along. Both Japan and the United Kingdom said Thursday…