US economy

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Whether it’s homes or jobs, our dreams are moving further out of reach every year | Mark Blyth
From the warped housing market to the ‘knowledge economy’, the system increasingly works only for the uber-wealthy, says Mark Blyth, a political economist at Brown University

Mark Blyth

22, Sep, 2021 @5:00 AM

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Older Americans faced more financial challenges during Covid than in other wealthy nations
In survey, 19% of US adults 65 and over reported using their savings during pandemic – the highest percentage of 11 wealthy countries

Lauren Aratani

15, Sep, 2021 @4:01 AM

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America celebrates Labor Day – but are US workers winning?
As McDonald’s and others increase wages, some economists say the balance is shifting in favor of workers – but will it last?

Steven Greenhouse

06, Sep, 2021 @8:00 AM

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US adds just 235,000 jobs in August as Delta variant spreads
Unemployment rate declines by 0.2 percentage points to 5.2% from 5.4% in July as employers cut back hiring plans

Edward Helmore

03, Sep, 2021 @3:49 PM

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AOC calls on Joe Biden to replace Trump-appointed Fed chair
Letter seeks greater action on climate crisis and racial justice; Trump appointee’s term at Federal Reserve expires in February

Edward Helmore

31, Aug, 2021 @4:12 PM

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Chinese ‘crackdown’ on tech IPOs could lead to US share delistings, experts warn
Fears grow of exit from New York’s exchanges after reports suggest Beijing will place new restrictions on seeking foreign investment

Kalyeena Makortoff Banking correspondent

27, Aug, 2021 @6:12 PM

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Fed chair Powell signals stimulus tapering could start this year, but warns of Delta variant risks – as it happened
Rolling coverage of the latest economic and financial news

Graeme Wearden

27, Aug, 2021 @4:45 PM

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Wall Street hits new highs after Fed extends stimulus package
Head of US central bank Jerome Powell had been expected to announce the programme would be tapered off

Larry Elliott Economics editor

27, Aug, 2021 @4:05 PM

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US central bank chief expected to take wait-and-see approach to economy
Jerome Powell seen as less likely to announce cut to stimulus due to Delta variant affecting growth

Larry Elliott Economics editor

25, Aug, 2021 @5:49 PM

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Banking chiefs head for the hills in bid to leave cheap money behind
At the Jackson Hole bankers’ summit this week, the talk will be of ending quantitative easing – and this time it will be serious

Richard Partington

21, Aug, 2021 @11:05 PM

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‘Taper tantrum’ by stock markets points to gaps in the easy recovery story | Nils Pratley
Cheap money, the Delta variant and China’s sluggish performance add up to tough times ahead

Nils Pratley

19, Aug, 2021 @6:33 PM

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European stock markets tumble on Covid support concerns
Shares slump amid signs that central banks could start withdrawing pandemic assistance

Richard Partington Economics correspondent

19, Aug, 2021 @9:55 AM

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