Economy Grew Modestly Last Month, Fed Report Says
The economy “expanded at a modest to moderate pace” from late November through the end of December on increased holiday retail sales, demand for services and oil-and-gas extraction, the Fed said in its...
View ArticleObama Pushes for Increase in Federal Minimum Wage
The proposal directly addresses the country’s yawning levels of income inequality, which the White House has tried to reduce with targeted tax credits, a major expansion of health insurance, education...
View ArticleEuro Watch: Euro Zone Unemployment Rose to New Record in February
PARIS — The unemployment rate in the euro zone edged up in January to a new record, official data showed Friday, as the ailing European economy continued to weigh on the job market. Unemployment in the...
View ArticleEconomix Blog: Yes, Even Young College Graduates Have Low Unemployment
CATHERINE RAMPELL Dollars to doughnuts. I’ve written recently about the job prospects for college graduates versus those without bachelor’s degrees, noting that the unemployment rate for college...
View ArticleLew’s Visit to Europe Reveals a Wide Policy Divide
Mr. Lew pointed to evidence that increased government spending and looser monetary policy had helped the United States recover at a much faster pace than the Continent has. But even as some European...
View ArticleBritons Reflect on Split Over Thatcher
While many current and former politicians seemed to form lines to offer their reaction to her death of a stroke at age 87 on Monday, and radio shows were filled with recordings of her best-known...
View ArticleBritain Avoids Triple-Dip Recession
LONDON — Britain’s economy avoided entering an unprecedented — and politically damaging — third recession in five years, according to official estimates released Thursday. During the first quarter of...
View ArticleEuropean Unemployment Sets Another Record
PARIS — The euro zone jobless rate rose to a record 12.1 percent in March, a sharp reminder that unemployment remains among the region’s biggest problems. The unemployment rate in the 17-nation...
View ArticleThe Education Revolution: Faltering Economy in China Dims Job Prospects for...
Businesses say they are swamped with job applications but have few positions to offer as economic growth has begun to falter. Twitter-like microblogging sites in China are full of laments from...
View ArticleWorld Economy Growing Unevenly, O.E.C.D. Says
PARIS — The world economy will continue slowly expanding for the rest of the year, despite signs of relative weakness in China and other emerging markets, and an uneven recovery in Europe, the...
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