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Gas prices are high, unemployment is low and the tools the federal government has to fight inflation could cause a recession. So how should we think about the economy right now? We asked our econ reporters and a personal finance columnist for advice. Rea ...
Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for. Read more: In December, inflation hit a staggering 7 percent. ...
The passage of the stimulus package last week ushered in an expansion of the social safety net that Democrats have celebrated. But one key policy was not included: a doubling of the federal minimum wage to $15 an hour. Today, we look at the history of that demand, and ...