Fed Releases Transcripts of 2016 Policy Meetings
Transcripts released by the Federal Reserve on Friday revealed the extent of officials’ 2016 debate over how fast to move...
Executive Branch
U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
U.S. Jobless Claims Rise to 230,000
Filings for jobless claims rose to a seasonally adjusted 230,000 last week, an increase of 23,000, as a tight U.S....
U.S. to Spend $10 Billion to Boost Small Businesses
The U.S. is planning to hand out $10 billion to help upstart companies gain access to capital in a bid...
U.S. Jobs Report Shows Record Annual Gain
Hiring slowed in December to 199,000 new jobs, the Labor Department said Friday, while the U.S. added a record number...
Consumer Demand for Goods Drove U.S. Import Surge During Holidays
U.S. consumer demand for goods and an easing of supply-chain constraints drove a surge in imports in November, pushing the...
Job Openings on Track for New High Ahead of Omicron Wave
U.S. job openings are on track to have ended last year at a record high in a strong labor market...
Economy Week Ahead: Eurozone Manufacturing, U.S. Jobs Report
A worker checked bodywork at the Iveco plant in Suzzara, Italy, in December. The state of European manufacturing will be...
Headaches and Backlogs Loom as Tax Filing Season Nears Again
WASHINGTON—The third tax-filing season during the coronavirus pandemic is set to begin soon with more delays, uncertainty and frustration likely...
U.S. Will Waive In-Person Interviews for H-1B, Other Work Visas
WASHINGTON—The State Department is temporarily dropping an in-person interview requirement for some work-visa categories in 2022 to ease visa issuances,...
Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a...
U.S. Sets 55-Mile-a-Gallon Fuel-Efficiency Standard for 2026 Models
WASHINGTON—The Biden administration on Monday raised fuel-efficiency standards for passenger cars and light duty trucks, saying the new standards will...
Biden to Nominate Sandra Thompson to Lead Fannie and Freddie’s Overseer
WASHINGTON—President Biden plans to nominate Sandra Thompson to become the permanent director of the Federal Housing Finance Agency, the White...
Jobs Gap Has Grown to Two Unemployed Workers Per Three Openings Since Summer
U.S. job openings continue to far outpace the number of available workers, with nearly five million more open positions than...
EPA Trims Ethanol Mandate for Gasoline as Biofuel Pressures Pump Prices
WASHINGTON—The Environmental Protection Agency on Tuesday proposed reducing the amount of ethanol and other biofuels that must be blended into...
Apple Notified State Department Employees of Phone Hacking Linked to NSO Group Software
Apple Inc. last week notified 11 U.S. State Department employees in Uganda that their iPhones were hacked, and investigators have...
U.S. Added Just 210,000 Jobs in November
The U.S. economy added 210,000 jobs in November, marking a slowdown in hiring amid new Covid-19 uncertainties, but a tight...
CNN Suspends Chris Cuomo Indefinitely Over Role in Brother’s Response to Sexual-Misconduct Allegations
CNN suspended prime-time anchor Chris Cuomo indefinitely after records released this week by the New York attorney general’s office provided...
Workers Quit Jobs in Droves to Become Their Own Bosses
The pandemic has unleashed a historic burst in entrepreneurship and self-employment. Hundreds of thousands of Americans are striking out on...
U.S. Jobless Claims Reach 52-Year Low
Weekly jobless claims fell sharply to the lowest level in 52 years, reflecting the labor market’s tightening as the economy...
