State of play as deadline looms
U.S. Senate Majority Leader John Thune (R-SD) speaks to members of the media alongside fellow Republicans during a…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
Walmart CEO wants ‘everybody to make it to the other side’ and the retail giant will keep headcount flat for now even as AI changes every job
CEOs aren’t shying away from what labor market experts have been saying for months: AI is transforming the…
Peter Thiel’s $5 billon tax-free account spurred a new 401(k) rule that now impacts high-earning Americans over 50
Older workers who earn above certain thresholds will soon lose the ability to make pre-tax 401(k) catch-up contributions,…
Trump tariff threat looms over robotics and medical devices
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment…
Employment impacts of the CHIPS Act
The $52.7 billion CHIPS and Science Act of August 2022 directly and indirectly created between 42,465 and 54,385…
Workers feel stuck in their jobs. It may be costing the U.S. economy
Americans aren’t quitting their jobs — and that trend is changing the way the labor market functions. Since…
‘No risk-free path’ with inflation and cooling job market
The US unemployment rate has ticked up in recent months to its highest level since 2021. Meanwhile, job…
Social Security chief says he won’t hike retirement age amid benefit cut fears
Social Security’s leadership says raising the retirement age is not under consideration after Commissioner Frank Bisignano walked back…
OECD warns Trump’s tariffs are ‘yet to be fully felt’ in the U.S., downgrades growth forecast
The world and U.S. economy are facing major threats to growth that could start as soon as the…