Biden Finalizes Significant Overhaul in Federal Regulations
Posted inBiden, Joseph R Jr Global Warming Income Inequality Office of Information and Regulatory Affairs (US) Office of Management and Budget (US) Regulation and Deregulation of Industry United States Economy United States Politics and Government

Biden Finalizes Significant Overhaul in Federal Regulations

New rules from the Office of Management and Budget will change how the federal government weighs costs, enabling new efforts on climate change and poverty.
Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
Posted inBayerische Motorenwerke AG Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Honda Motor Co Ltd Hyundai Motor Co Income Inequality Labor and Jobs Mercedes-Benz Midwestern States (US) Nissan Motor Co Organized Labor Southern States (US) States (US) Strikes Tesla Motors Inc Toyota Motor Corp United Automobile Workers Volkswagen AG Wages and Salaries

Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike

The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
How High Interest Rates Sting Bakers, Farmers and Consumers
Posted inBanking and Financial Institutions Consumer Behavior Coronavirus (2019-nCoV) Credit and Debt Entrepreneurship Federal Reserve System Income Inequality Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Shortages Small Business Stocks and Bonds Supply Chain United States Economy Wages and Salaries

How High Interest Rates Sting Bakers, Farmers and Consumers

Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
American Household Wealth Jumped in the Pandemic
Posted inBlack People Coronavirus (2019-nCoV) Credit and Debt Federal Reserve System Hispanic-Americans Income Income Inequality Inflation (Economics) Labor and Jobs Pensions and Retirement Plans Recession and Depression Unemployment United States United States Economy

American Household Wealth Jumped in the Pandemic

Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.