Celebrity Life
U.S. Inflation Hits 40-Year High After Larger-Than-Forecast Gain
U.S. consumer prices surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high and adding more urgency to the Federal Reserve’s plans to start raising interest rates. The consumer price index climbed 7.5% from a year earlier following a 7% annual gain in December, according to Labor Department…
There’s Never Been a Worse Time to Buy a Home, Poll of U.S. Households Shows
High housing prices, increased concerns about job stability and rising mortgage rates are deterring potential homebuyers
How America Saved Millions of Pets—By Moving Them
The dusty white cargo plane stood out among the gleaming corporate jets, as did its passengers: 48 barking dogs, newly arrived at the private air terminal at Hanscom Field, outside of Boston. They had left Mississippi that morning with their health certificates taped to their kennels. All week, the staff at Oktibbeha County Humane Society…
Sharing Personal Stories Won’t Move the Needle on Paid Family Leave. Talking About Money Might
As Omicron spreads across the nation, some schools are going virtual and an unprecedented number of people are testing positive and needing to take time at home to recover or care for loved ones. As a mother to three young children, and a journalist who’s been documenting the impact of the pandemic on moms, this…
Businesses Are Laying Off Workers During Omicron Surge, Rising U.S. Unemployment Claims Signal
The four-week moving average rose nearly 6,300 to almost 211,000
World Bank Cuts Global Growth Forecast Due to COVID-19 Case Surge, Supply Chain Disruptions
Global gross domestic product will probably increase 4.1% this year, less than a 4.3% forecast in June, the report said
4 Charts That Explain the U.S.’s 2021 Economic Rollercoaster
The U.S. economy ended up in a weird place in 2021. Consumers were eager to spend money, but couldn’t get their purchases because supply chains were haywire. Wages rose as workers resigned. Prices, meanwhile, soared for everything from groceries to gas to rent and vehicles. And the global health crisis that triggered these trends is…
The Conservative Case For Prison Reform
Jeremy Cady and I first met on the plush green grass in front of the Missouri Capitol. It was the spring of 2009, and once a week or so a group of capitol staffers, reporters, and even the occasional elected official would kick a soccer ball around on a rectangular section of lawn that more…
Cereal Killers: How 80-Hour Weeks and a Caste System Pushed Kellogg’s Workers to Strike
After decades on the losing end, company workers are demanding a better deal. The cereal giant has other plans
It’s Time for a New Progressive Era, With Informal Workers at the Center
Informal work is the essential service that billions of people give to a world that barely notices.
U.S. Unemployment Claims Plunge to the Lowest Level in 52 Years
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession. Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969. But seasonal adjustments around the Thanksgiving holiday…
Biden Taps Federal Reserve Chief Jerome Powell for Second Term
Powell has historically received bipartisan support and faces what will likely be a smooth confirmation in the Senate
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