A record surge in new businesses has helped drive job growth, and could have longer-term benefits.
Year: 2024
Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.
Port Strike Suspended After Dockworkers’ Union Receives New Wage Offer
The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.
Supreme Court Lets Biden Plans on Mercury and Methane Move Forward
Republican-led states and industry groups argued that the Environmental Protection Agency had moved too fast and imposed onerous regulations.
How an Israeli Strike on Iran’s Oil Sector Would Impact China
China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.
The Jobs Report Is Good News for the Fed
The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next […]
How States Are Enticing Employers to Help Their Workers Save for College
With college costs high, at least eight states now offer tax credits or deductions for employers that contribute to workers’ 529 accounts.
Europe Raises Tariffs on China’s E.V.s, Confronting a Key Trade Partner
European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.
Britain Backs Plan to Store Carbon Dioxide Under the Sea
Two proposals in Northern England, led by the energy giants BP and Eni, aim to establish an industry in burying emissions from industrial plants.
A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.