Budget Battles
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Trump Ratchets Up His Tariff Threats
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Trump Picks Project 2025 Architect to Oversee Budget
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Trump Taps Hedge Fund Mogul for Treasury Secretary
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Trump Picks a New Attorney General Nominee After Gaetz Withdraws
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Musk and Ramaswamy Outline Plan to Slash Federal Workforce
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Trump Picks TV’s Dr. Oz to Run Medicare and Medicaid
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Johnson Signals Plan for Looming Shutdown Deadline
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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More Good News on Jobs Gives the Fed a Green Light to Start Unwinding
By Lucia Mutikani, ReutersThe number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay...
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A New Report Shows Why The 10-Year Jobs Crisis Is Effectively Over
A new report by the Hamilton Project at the Brookings Institution has good news: "With [yesterday's] employment report, we can report that the national jobs gap relative to November 2007 has closed (...
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Is Wage Growth Finally Coming for American Workers?
By Jeff Cox, CNBCWage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...
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Here’s Why We’re Not Prepared for the Next Recession
By Mark ThomaWhen will the next recession hit the economy? Nobody knows for sure, but we can be certain that sooner or later the economy will experience another downturn. When that happens, will monetary and...
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Low-Paid Workers Are Getting a Pay Bump in 44 States
By Tim Henderson, StatelineIn 44 states, jobs paying roughly $30,000 were among those that got the largest salary bumps since 2010 — evidence that the steady but modest economic growth of the past half-decade may be reaching...
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The Serious Problem Lurking in the Jobs Report
By Jeff Cox, CNBCWall Street exhaled heavily Friday on news that job creation in both the public and private sectors accelerated and defied some of the recent speculation that the economy had reached full employment...
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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The Fed Raises Interest Rates Again, but Where’s the Inflation?
By Lindsay Dunsmuir and Howard Schneider, ReutersThe Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its...
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Why March’s Shockingly Weak Jobs Report Is No Reason to Panic
By Rob GarverThe 98,000 jobs added in March may have come as a shock to people who have become accustomed to monthly gains in the neighborhood of 200,000, but economists believe the disappointing headline number...
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Donald Trump Still Doesn’t Understand the Unemployment Rate
By Rob GarverAt a “CEO Town Hall” hosted by the White House on Tuesday, President Trump displayed pretty remarkable ignorance of how one of the country’s most watched economic indicators is measured.
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Good News on Jobs Means Bad News on the Federal Debt
By Rob GarverThere’s a flipside to everything, and that goes for the very good news about the US economy embodied in Friday’s strong jobs report issued by the Department of Labor. The addition of 235,000 jobs to...
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The US Economy Is Humming Along, but a Big Jump in Growth Is Unlikely
By Jeff Cox, CNBCThose looking for a rapid uptick in the U.S. economy probably will have to tone down their expectations, at least for now. In the near term, growth projections, at least by the top-line measurement...
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Why Trump’s Romance With Big Labor Is Headed for the Rocks
By Rob GarverLabor unions are, to put it kindly, not generally supportive of Republican politicians. There are exceptions, of course, but historically, Democrats have been seen as the party of workers, and...