The Latest Breaking News from Claudia Sahm

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

US job growth has continued at a steady clip in months since COVID pandemic, but experts are looking for warning signs.

The cost of heat to the U.S. economy could more than triple in less than 20 years, hitting manual laborers hardest.

Groups who benefited from strong jobs growth will be the first to lose work come a recession

Editorial: Growing the economy by shrinking it first is a high-risk political strategy

There was a time when we were sure that interest rates wouldn’t change for three years. That illusion was cruelly dashed a year ago.

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…