U.S. manufacturing is experiencing a rebound, with companies adding workers amid high consumer demand for products.
Tag: United States Economy
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Stock Markets Tumble as Recession Fears Return
Central banks around the world raised interest rates this week to combat inflation. That’s raising concerns among investors about an economic slump.
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Giving People Money Is a Great Way to Reduce Poverty
Dozens of pilot programs and the success of the Child Tax Credit show the merits of a guaranteed income.
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Central Banks Accept Pain Now, Fearing Worse Later
Federal Reserve officials and their counterparts around the world are trying to defeat inflation by rapidly raising interest rates. They know it will come at a cost.
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Bad News From the Fed? We’ve Been Here Before.
Fed rate increases are causing pain now. But an inside look at the Volcker era shows that conditions were far worse when the Fed tried different tacks to tame inflation.