Black workers, hammered by pandemic, now being left behind in recovery
The data has fueled fears that the nascent recovery will not be evenly shared, a dynamic that would exacerbate income
Read more
Finance
Fed sees U.S. economic growth surging to 6.5 percent this year
Despite the surge in growth, the Fed isn’t in any hurry to raise borrowing costs, projecting no interest rate increases
Read more
Former Stockton Mayor Tubbs joins Newsom as economic adviser
“The governor and I are in agreement that economic gains and opportunity have to be broadly shared,” Michael Tubbs said.
Read more
U.S. adds a strong 379,000 jobs in hopeful sign for economy
A year into the pandemic that triggered a violent recession, economists are increasingly optimistic that hiring will pick up in
Read more
Biden’s bubble trouble: Frothy markets create new risks as economy recovers
The scenarios are hotly debated across Wall Street, and plenty of market professionals fear the market risks are among the
Read more
Biden targets smallest businesses with exclusive aid window
While the Small Business Administration, which runs the PPP, has seen improvements in funds reaching smaller businesses, administration officials told
Read more
Biden aims to isolate China on coal — but it could blow back on the U.S.
John Podesta, who led the Obama administration climate strategy and is close to Biden’s team, said the White House would
Read more
‘Clearly not healthy’: Markets are giddy about reopening — and that’s the problem
But if the dream scenario does arrive, another risk is lurking: A burst of new spending and economic growth coupled
Read more
‘The Democratic version of John McCain’
Like McCain, the moonshine-swigging former quarterback isn’t afraid to let his colleagues know where he stands on a given day,
Read more
U.S. backs Okonjo-Iweala, first woman and African, to head WTO
Crisis averted: Yoo’s withdrawal signals the end of months of uncertainty over who will lead the WTO for at least
Read more