As the U.S. job market cools, employers are gaining bargaining power and starting to require remote workers to return to the office.
Author: Paul Davidson, USA TODAY
Inflation eased to 8.2% but remained high in September, CPI report shows
While gas eased, a key measure of prices that excludes food and energy costs posted the biggest gain since 1982, the report showed.
Did the Federal Reserve make an epic mistake by not hiking interest rates sooner?
If Fed raised rates sooner, inflation would be percentage point lower but unemployment would be two points higher, San Francisco Fed paper estimates.
Job growth cools but still remains solid, driving stocks lower on fears of sharp hike hikes
Economists feared the slower yet sturdy job gains would signal that inflation wasn’t under control and spur the Fed to continue aggressive rate hikes.
Fed hikes interest rate 0.75 percentage point to tame inflation, and sees aggressive increases ahead. What’s it mean for you?
The Fed lifted its key interest rate 0.75 percentage point for a third straight meeting to curb inflation. But the move raises the risk of recession.
A recession is now likely in 2023. Here’s what could trigger a sharp downturn in the economy
The odds of a recession next year top 50% economists say. Weaker consumer spending and lower corporate profits are among the likely causes.
Are we stuck with blistering inflation? High prices leave experts wondering when we’ll see relief
Some economists say high inflation is still on track to ease in coming months despite disappointing CPI report. Others say it will hang around longer.
Social Security recipients could receive 8.7% COLA bump in 2023 as inflation soars
Social Security payments could rise by 8.7% in 2023 for about 70 million retirees, disabled people and others. That would be the most since 1982.
Inflation remains high, sending stocks tumbling, even as lower gas prices ease consumer pain, CPI report shows
Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates.
COVID’s wrath is receding: Women from 25 to 54 are returning to the job market
The share of working-age women back at work or looking for jobs shot past its pre-pandemic peak. Child care, inflation and wages are factors.