Can the U.S. Economy Survive Four Simultaneous Shocks at Once?
The U.S. economy is facing simultaneous threats: potential auto worker strikes, a possible government shutdown, the resumption of student loan payments, and rising oil prices....
The Biden Administration to Implement Overtime Pay for Millions of Workers by Default
The Biden administration proposes overtime pay for salaried workers earning around $55,000 or less annually, exceeding the current $35,568 threshold. The plan aims to add...
Steepest Home-Price Declines in Fourth Quarter Were in the West: WSJ
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas...
Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to
Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work...
Summer Worker Shortage Means Things Will Be Closed. Again.
Many Americans hoped this would be the first normal summer after two years of Covid-19 disruptions. A chronic labor shortage means it probably won’t be....
Several Million U.S. Workers Seen Staying Out of Labor Force Indefinitely
Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because of persistent illness fears or...
Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...
That Vacation Home Listed on Airbnb Might Be Owned by Wall Street
Investment firms are buying up more vacation homes, aiming to cash in on growing demand from tourists and remote workers. Most vacation-rental homes are owned...