After bottoming out early in the pandemic, profits and spirits are soaring — and people were ready to party.
Tag: United States Economy
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Strong Job Gains in March Keep a Flame Under the Recovery
The U.S. economy added 431,000 jobs and the unemployment rate fell to 3.6 percent. Wages showed sharp gains, but that has been blunted by inflation.
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Rising Wages Are Good News for Workers but Put Pressure on the Fed
Federal Reserve officials had said that the pace of pay gains would not be consistent with stable inflation if sustained.
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As Biden Pleads for More Covid Aid, States Are Awash in Federal Dollars
States pushed back on a plan to take back some of their stimulus money to fund President Biden’s emergency spending request. Now Congress is trying to find other ways to offset the cost.