US economy

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US adds 263,000 jobs in November as unemployment rate stays at 3.7%
Jobs market remains strong even as Fed imposes biggest series of rate rises in decades in effort to tame inflation

Dominic Rushe in New York

02, Dec, 2022 @1:37 PM

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Federal Reserve to slow interest rate rises as it tackles 40-year inflation high
Jerome Powell warned there ‘was more ground to cover’ and rates would stay higher for an extended period

Dominic Rushe in New York and Phillip Inman in London

30, Nov, 2022 @7:44 PM

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The Guardian view on Biden’s ‘Buy America’ strategy: a wake-up call for Europe | Editorial
Editorial: Huge subsidies for US-based low-carbon manufacturers are posing big problems for EU leaders

Editorial

29, Nov, 2022 @6:50 PM

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Food, transportation, heating: inflation takes a bite out of Thanksgiving
Everything involved in celebrating this American holiday has gotten more expensive, except for one Thanksgiving staple

Gloria Oladipo in New York

24, Nov, 2022 @11:00 AM

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Power-hungry robots, space colonization, cyborgs: inside the bizarre world of ‘longtermism’
Sam Bankman-Fried said his billions would save the world – but his philanthropic ideas ranged from the worthy to the severely outlandish

J Oliver Conroy

20, Nov, 2022 @11:00 AM

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‘It’s killing us all slowly’: how the night shift is taking a toll on US workers
Millions of workers in the US work throughout the night, and the impacts can be profound on their health

Michael Sainato

18, Nov, 2022 @8:00 AM

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Slowing US inflation rate raises hopes cost of living crisis may have peaked
Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October

Phillip Inman and Graeme Wearden in London and Lauren Aratani in New York

10, Nov, 2022 @7:46 PM

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Wall Street surges and dollar tumbles as US inflation rate drops to 7.7% – as it happened
Dollar slides and stocks rally in New York on hopes that the Federal Reserve will slow its interest rate rises

Graeme Wearden

10, Nov, 2022 @4:20 PM

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‘$15 an hour is not enough’: US domestic workers rally on eve of midterms
Care workers and cleaners turn out in North Carolina, Nevada and Georgia to urge voters to elect officials who will listen to their needs

Michael Sainato

07, Nov, 2022 @3:53 PM

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We need serious public policy, not more printed money – the US economy is in tatters
Decades of bailouts have convinced some that the Fed will always come to the rescue – but this only papers over the fundamental flaws of the US economy

Doug Henwood

05, Nov, 2022 @7:00 AM

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US adds 261,000 jobs in October as unemployment rate rises slightly
Final jobs report before midterms shows jobless rate at 3.7%, a day after Federal Reserve announced further interest rate hike

Dominic Rushe in New York

04, Nov, 2022 @12:33 PM

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Fed announces sixth consecutive hike in US interest rates to fight inflation
Fed officials have now imposed the sharpest increases in interest rates since the 1980s, as the cost of living crisis batters consumers

Dominic Rushe

02, Nov, 2022 @6:16 PM

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