WASHINGTON — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive …
Fed raises key rate by a half-point in bid to tame inflation Read MoreNetflix is finding out what happens when everyone isn’t confined to their homes and chained to their TV sets. The combination of more available entertainment options and an inflation spike …
Will Inflation Break the News? Read MoreNew York CNN Business — Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to forecast a US recessionalbeit a “mild” one. Now, it’s warning of …
A major recession is coming, Deutsche Bank warns Read MoreBEIJING — China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is setting back efforts to cut climate-changing carbon emissions …
China promotes coal in setback for efforts to cut emissions Read MoreBy multiple metrics, this is a pretty good time to be an American worker. Unemployment is at nearly the lowest level since World War II, the number of job openings …
Life in the Real Economy Read MoreSen. Bernie Sanders recently introduced the Ending Corporate Greed Act. act would impose a 95 percent tax rate on the excess profits of large corporations that earn more than $500 …
Time to Tax Excessive Corporate Profits Read More