The Latest Breaking News from Claudia Sahm

Last week saw a win and a loss for health care. North Carolina became the 40th state to expand Medicaid under the Affordable Care Act. That’s a big victory for the estimated 600,000 low-income adults in North Carolina who will now be eligible for government insurance and join the millions…

The Biden administration is requiring any semiconductor manufacturer that applies for more than $150 million in subsidies under the Chips Act to submit “plans to provide both their facility and construction workers with access to affordable, accessible, reliable, and high-quality childcare.” This requirement is expected to cover fewer than 200,000…

Investor sentiment elevated in response to favorable macro data and downsized rate hikes. However, further rate hikes after the stronger-than-expected job report are expected to keep the market volatile. Therefore, quality dividend stocks yielding over 4%, BHP Group (BHP), Honda Motor Co. (HMC), and Rent-A-Center (RCII), might be ideal buys…

Ambitious policy solutions can break through partisan paralysis and change America. It's time to go big

Federal Reserve Board Chair Jerome H. Powell snatched the cookie jar out of the stock market's hands on Dec. 14, when he followed up an announcement of a dovish half-point interest rate increase with a warning that the Fed didn't think it had wrung enough inflation out of the economy…

Does targeting 2% inflation make sense in our current economic environment? Not if you ask Bill Ackman.

Here are some documented truths about the federal Child Tax Credit:

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain

"It can create a cascade of other hardships."

Chair Jerome Powell isn’t as pleased with the robust U.S. job market as you might think he’d be, and he and the Federal Reserve plan to do something about it: Take it down a notch

At a certain level, it's understandable that nearly two years of pandemic-related restrictions have people fed up and desperate to get back to some semblance of normal life.