Omicron COVID variant expected to dampen U.S. economic recovery
Following a strong summer and autumn of consumer spending, some economists predict the U.S. economy may slow down as the ...
Read moreTag: u.s. economy
Banking industry shifts jobs to automation
A CBS MoneyWatch report found up to 100,000 banking industry jobs could disappear over the next five years as companies ...
Read moreHow supply chain issues are leading to an “everything shortage”
The rollout of COVID-19 vaccines has helped to improve the U.S. economy, but the pandemic is still wreaking havoc on ...
Read moreAbout 7 million workers missing from U.S. economy as labor shortage persists
Unemployment numbers are falling in the U.S., with the October jobs report beating expectations, but labor shortages persist. A recent ...
Read moreFailure to raise debt ceiling could cause economic catastrophe, experts warn
Senate Republican leader Mitch McConnell continues to hold out against raising the federal debt ceiling, and experts warn the failure ...
Read moreBiden goes after corporations, wealthy in speech on economy
In a speech promoting his economic agenda, President Biden on Thursday criticized the wealthy and corporations for not paying their ...
Read moreEconomists predict reaching herd immunity will boost economic activity
U.S. job growth in May was lower than expected for the second month in a row, but strategists say the ...
Read moreBarclays chief U.S. economist on "healthy" June jobs report
As the U.S. reopens, job growth is picking up -- the country added 850,000 jobs last month, according to the ...
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