Supreme Court bars affirmative action in college
Six justices agree use of race as factor violated equal protection clause of 14th Amendment.
Fed says banking system strong, resilient
Computer simulation finds banks could withstand a recession.
Inflation shows signs of easing
Federal Reserve may approve another interest rate hike in July.
Fed softens stance on inflation control
Federal Reserve raises interest rates another quarter point.
GDP growth weakens in first quarter
Inflation remains high as Federal Reserve expected to raise interest rates again.
Labor Department reports 236K added jobs in March
Average hourly wages up 4.2 percent from last year.
Consumer price growth slows down
Report comes after Federal Reserve recently raises interest rates.
Fed raises interest rates a quarter point
The Federal Reserve’s decision on Wednesday to raise interest rates for the ninth time since last March comes amid turmoil in the banking sector. Fed Chairman […]
Yellen says bank system sound, stabilizing
Several major banks recently prop up First Republic Bank to prevent collapse.
Treasury secretary says U.S. economy is sound
Janet Yellin addresses Thursday's Senate Finance Committee hearing.
Government inspects nursing homes’ antipsychotic use
Evidence mounts that some nursing homes wrongly report patients having schizophrenia.
Consumer prices decline, raise hopes
U.S. might be over worst bout of inflation in 40 years.
House votes to block rail strike, Senate next
National railway strike could start by Dec. 9.
Nicole downgraded but still wallops Florida
Power outages affect more than 300,000 in Florida on Thursday.
Labor Department releases October jobs report
Number of long-term unemployed people remains around 1.2 million.
Fed raises interest rates, hints at pullback
Increase marks sixth raise in 2022 as Fed tries to tame inflation.
CDC recommends COVID-19 vaccine for immunizations
CDC experts decide vaccine should be added to recommended immunization schedule for adults and children.
Federal deficit shrinks by $1.4 trillion
Biden administration claims economic polices responsible for decrease.
Hurricane Ian’s death toll nears 90
Now 83 confirmed deaths in Florida with more people unaccounted for.
Rescues underway in Ian’s wake
Door-to-door searches to more than 3,000 homes in hard-hit Florida areas.