Inflation is now, incontestably, the leading issue for the electorate, and voters are giving the Biden administration low marks for handling it. This is a political crisis for Democrats, who are...
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey...
Text size The labor market has been on a slow and steady path to recovery. But employment in a majority of sectors is still well below where things were before the pandemic struck. In March, the...
A top Federal Reserve official said the central bank is strongly committed to taking steps that will reduce inflation this year, including by announcing significant reductions in its $9 trillion...
A surge in food and fuel prices is raising pressure on governments around the world to pick up the tab for consumers, stretching precarious public finances and intensifying political instability in...