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Mar 12, 2024

Wages have been outpacing inflation — but there’s a catch

Plenty of lower- and middle-income workers have been playing catch-up and are trying to dig out of debt.

Even as hourly wages outpace inflation, rising prices take a bite
by Mitchell Hartman
Justin Sullivan/Getty Images
It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.
Will the NYCB deal help it through its mounting problems?
by Nova Safo
New York Community Bank, the latest mid-sized bank that’s run into trouble, says it’s got a lifeline — it’s sealed a deal with a group of investors who have now provided $1 billion in capital to the bank.
What lawmakers slipped into the $460 billion spending package
by Kimberly Adams
Chip Somodevilla/Getty Images
Earmarks promise to spend money on specific projects requested by individual members of Congress.