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Administrative costs and a lack of political will are leading some states to turn down a new food aid program for children.
From 1984 to 2023, the median cost of a new home rose from $79,900 to $417,700, more than double the rate of overall price inflation.
That’s good for workers, who have been experiencing positive real wage growth since May 2023.
Powell discusses how monetary policymakers arrive at consensus, the value of transparency and the issues that influence interest rate decisions.
The latest Personal Consumption Expenditures index, or PCE, will be released Friday. Experts say there are other clues the Fed is looking for, too.
The fluorescent lit aisles of big box stores don’t scream luxury. But for certain items, consumers just don’t care.
The move, which would see Ben & Jerry’s moved to a stand-alone unit, is part of a corporate restructuring.
There has been a wave of migration to the U.S. — legal and not — since 2022. Many who entered are finding and keeping jobs.
The Labor Department reported that the price of imported goods rose 0.3% in February compared to 0.8% the month before.
Chile has approved a law saying that businesses need to cut their employees’ hours from 45 hours to 40 hours a week to help give everyone a better work-life balance.