https://preprod.pressherald.com/tag/economy/page/2

economy

Published
July 27, 2023

U.S. economy accelerated unexpectedly to 2.4% growth rate despite Fed hikes

Driving the gain was a burst of business investment.
Published
July 22, 2023

Commentary: The false centrism of the political group No Labels

The No Labels manifesto championed by the likes of Joe Manchin is composed of misinformation, naivete, misguided solutions and timeworn platitudes.
Published
July 14, 2023

Commentary: Yes, a recession is still a possibility

Predictions of a ‘soft landing’ seem both premature and hard to square with some of the data.
Published
July 11, 2023

That full-time job? Now it’s part-time.

Economists warn against making too much of a single data point, but say the latest spike in involuntary part-time work could be a harbinger of layoffs to come.
Published
July 8, 2023

Commentary: Bidenomics has been a boon for working-class voters. Why don’t they give him credit?

Opinion polls still show that the president gets low marks for his management of the economy, which is actually doing fine.

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Published
July 7, 2023

U.S. slowed hiring but still added solid 209,000 jobs in June in sign of economy’s resilience

Many industries are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.
Published
July 7, 2023

Strong labor market growth is pushing aside recession fears

The U.S. economy added 209,000 jobs in June and unemployment fell to 3.6%.
Published
June 14, 2023

Federal Reserve leaves interest rates unchanged for 1st time in 15 months

The board of the central bank sees progress on inflation, but says it envisions 2 more rate increases this year.
Published
May 27, 2023

Maine Voices: Don’t fall for current MAGA hysteria over the national debt

No other nation has as reliably paid its debts as the United States, and the U.S. has more than enough income to support its debt.
Published
May 22, 2023

What it would mean for the global economy if the U.S. defaults on its debt

A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.