Chastened by a series of economic downturns that punished the hospitality industry, state leaders are working to broaden the economy.
Category: Labor and Jobs
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Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.
Economic shocks over two decades, combined with reliance on volatile casinos, have undermined confidence despite an economy that’s bustling.
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A City Built on Steel Tries to Reverse Its Decline
Gary, Ind., home of U.S. Steel’s largest mill, is seeking a fresh economic start under a new mayor determined to draw new businesses and residents.
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Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
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U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
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The Economy Looks Sunny, a Potential Gain for Biden
Recession fears have eased. Growth and job gains are beating expectations. Inflation is cooling. Consumers are happier. The president is waiting to benefit.
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Blockbuster Jobs Report Backs Up Fed’s Patience as It Waits to Cut Rates
Given continued strength of the economy, the Federal Reserve is unlikely to feel pressure to cut interest rates at its next meeting in March.
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Economists Expected a Hiring Slowdown. So Much for That.
Jobs and wage gains remain robust despite the Federal Reserve’s campaign to cool the economy, surprising policymakers and economic forecasters.
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India’s Quiet Push to Steal More of China’s iPhone Business
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
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Biden Takes Aim at Grocery Chains Over Food Prices
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
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French Farmers Are Urged by Unions to End Roadblocks
The call from two main farmers’ unions came after President Emmanuel Macron’s government announced new financial aid and plans to loosen regulations to end the nationwide protests.
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Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says
For some companies, the new technology is an opportunity to enhance productivity and profit. Will their workers benefit as well?