The Black unemployment rate climbed a percentage point to 7 percent in September, almost double the rate for white workers.
Category: United States Economy
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Black Unemployment Hints at a Job Market in Worse Shape Than It Seems
The New York Times – Business: -
3 Charts That Explain the Economy as Voters Head to the Polls
The New York Times – Business:Inflation is high, consumer spending is strong and seemingly everything depends on what happens with artificial intelligence.
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Corporate Tax Revenue Falls Even as Profits Soar Under Trump
The New York Times – Business:The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax cuts that President Trump signed into law.
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U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting
The New York Times – Business:Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.
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Why Bad News in the Bond Market May Be Good News for Investors
The New York Times – Business:In the contrarian logic of investing, rising interest rates have made bonds much more attractive, our columnist says.
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Warsh Vows Price Stability as A.I. Delivers ‘Shock’ to Economy
The New York Times – Business:The Federal Reserve chairman said technological change was complicating the outlook for central banks as policymakers grapple with persistent inflation risks.
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Mortgage Rates Hover at 7.4%, Highest Since 2023
The New York Times – Business:The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
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Stocks Tumble as Concerns Over Inflation and A.I. Investments Grow
The New York Times – Business:The S&P 500 fell 1.1 percent on Wednesday, the steepest drop in more than two months.
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Democrats Blame Trump After CPI Report Shows Energy Prices Drove Up Inflation
The New York Times – Business:Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory.
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Here’s the latest.
The New York Times – Business: -
Here’s the latest.
The New York Times – Business: