As expected, the Fed's open market committee on Wednesday raised the Fed funds rate by a quarter-point while leaving open the possibility of future cuts if needed to sustain the U.S. economic expansion.
New research in the United Kingdom indicates that being born in a large city has a larger impact on adult earnings than does being born in a small town and later moving to the…
Student loan debt can be a killer, accounting for the most U.S. consumer debt in any category other than mortgages. Nearly 58% of graduates of four-year nonprofit public and private colleges in 2017 owed…
The hacking of millions of Capital One accounts once again showed the potential dangers of exposure of personal data given to financial firms and retailers. Some Americans have avoided this by paying for things…
It’s well-known that women in the U.S. get paid less for their work than men. The pay gap averages about 20% — that is, female full-time year-round workers make 80.5 cents for every dollar…
Some 44 million Americans share $1.5 trillion in student loan debt. The burdens and effects of this debt fall harder on people of color. Can student debt forgiveness help overcome the inequities?
The Commerce Department reported on Friday that the domestic economy grew at a rate of 2.1% in the second quarter of 2019. The better-than-expected report on Gross Domestic Product (GDP) was better than the…
A new report from the U.S. Department of Agriculture forecasts huge changes to crop production due to climate change.
The International Monetary Fund on Tuesday issued its mid-year revisions to the agency's World Economic Outlook. The view is not encouraging.
The Chicago Federal Reserve Bank released its June national activity report Monday morning. The U.S. economy has moved to within a hair's breadth of the long-term trend, strengthening the case for a small reduction…
The U.S. House of Representatives has passed a bill to take the federal minimum wage to $15 an hour. There is evidence that more than 3 million people could lose jobs because companies may…
While the markets have yet to see national manufacturing data, there has been an improvement in two of the regional reports showing some live indications for the month of July.
Cleveland and Toledo face an overwhelming issue of toxic water along their shores and very possibly in their water systems.
June's better-than-expected retail sales level should have a positive backdrop for second-quarter gross domestic product due at the end of this month.
China's gross domestic product growth rate collapsed in the second quarter to the lowest rate in 27 years.
