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Wage growth remains high, jobs are steady and inflation is falling so why are people worried?
Despite good economic news, consumers don’t feel confident about the future, according to the consumer confidence index, which is at a six-month low.
Half a million people in less than a dozen states have lost Medicaid coverage since April
The rate of disenrollment is highest in Florida among the nine states that provided public data for the number of people renewed for Medicaid and the number of people who lost coverage.
GOP’s desired work requirements for federal aid would kick roughly 21M from anti-poverty programs
Democrats have pushed back on the work requirements, but House Speaker Kevin McCarthy has said they are non-negotiable.
Fast federal response to pandemic key to US economic recovery, economists say
The lasting effects of the pandemic on the labor force and how well prepared policy makers are to handle a potential recession or another pandemic is unclear.
Fed’s fault-finding on bank failures could lead to stronger regulations
New banking regulations proposed by federal watchdogs could help lower bank fees and lead to a more stable financial system, according to some economists.
Long COVID is hurting business; workplace accommodations could help
Proposed federal legislation, better workplace accommodations, and more federal funding could make a difference for people with long COVID, advocates say.
High mortality rate of homeless highlighted in new report
Advocates say more funding is needed even as backlash against homeless grows in some states.
Mortgage rates are stabilizing but that may not be enough to help house hunters
The fallout from recent bank closures could continue to make it hard for some Americans to buy homes, economists say.
Help wanted: Women needed for U.S. chips manufacturing plan to succeed
Over the next decade, the Biden administration wants to add a million more women in construction jobs to aid in infrastructure projects across the country
Silicon Valley Bank’s collapse differs from our last financial crisis
Silicon Valley Bank was more of a true bank run where a lot of depositors wanted their money all at once, one industry analyst said.
Child poverty dropped to a record low last year. A new report shows how to keep it that way.
Some Democrats appear ready to attempt another deal to revive the expanded child care tax credit, which Congress let lapse in 2021.
Families are taking a hit as pandemic aid ends, inflation continues
Census survey shows people are struggling to pay for food even before pandemic-era SNAP benefits end next month.