Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.
Category: United States Economy
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A Key Inflation Measure Moderated in January
The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher.
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Auto Insurance Spike Hampers the Inflation Fight
Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.
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Divisions Among Finance Ministers Flare Over Seizing Russian Assets
France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.
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An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation
With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.
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Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?
Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.
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Biden Targets a New Economic Villain: Shrinkflation
Liberals prodded the president for years to blame big corporations for price increases. He is finally doing so, in the grocery aisle.
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Fed Minutes Show Embrace of Inflation Progress but No Hurry to Cut Rates
Minutes from the Federal Reserve’s Jan. 30-31 meeting showed policymakers thought that risks of an inflation pickup had “diminished.”
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U.S. Economy: Has an Era of Increased Productivity Returned?
The last time the U.S. economy was posting surprising economic growth numbers was 1994. Economists see parallels that make them think it could happen again.
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Will Food Prices Stop Rising Quickly? Many Companies Say Yes.
Food companies are talking about smaller price increases this year, good news for grocery shoppers, restaurant diners and the White House.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.