

Talmon Joseph Smith
Posts

Despite the economy’s resilience, the outlook is hard to gauge.
With chaos lurking in Washington, interest rates surging and student loan payments resuming, the recovery faces new challenges.

What Is a ‘Moat’?
Company leaders talk a lot about “moats.” That can sometimes invite regulatory scrutiny, as it did with Amazon, which was sued this week.

Defying Industry, California Lawmakers Vote for Employer-Paid Food Training
The legislation would require state employers — not workers — to pay for mandatory safety instruction. It awaits the governor’s decision.

Wrestling With Inequality, Some Conservatives Redraw Economic Blueprint
A growing number of Republican politicians and theorists are challenging party orthodoxy on pocketbook issues, corporate power and government’s role.

Casino Mogul Steve Wynn Reaches Settlement Over Sexual Misconduct Claims
Mr. Wynn, who resigned from Wynn Resorts in 2018, agreed to pay Nevada $10 million and to step back from its gambling industry.

U.S. Economy Adds 209,000 Jobs in June as Pace of Hiring Cools
Hiring slowed last month, a sign that the Federal Reserve’s inflation-fighting campaign is taking hold. But with rising wages and low unemployment, the labor market...

Ex-Prisoners Face Headwinds as Job Seekers, Even as Openings Abound
An estimated 60 percent of those leaving prison are unemployed a year later. But after a push for “second-chance hiring,” some programs show promise.

Job Openings Rose in April, Defying Cooling Trend
The Labor Department report may put pressure on the Federal Reserve to raise interest rates further to stem inflation.

Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.

Even a Soft Landing for the Economy May Be Uneven
Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.