The economy added 428,000 jobs in April even as COVID-19 cases ticked higher. The unemployment rate was unchanged at 3.6%.
Author: Paul Davidson, USA TODAY
Inflation is at a 40-year high. The Fed announced these aggressive moves to fight it
The Federal Reserve raised its key interest rate, which will set off a domino effect throughout the U.S. economy, from credit cards to mortgages.
How Fed’s bigger, faster rate hikes will affect your credit card, mortgage, savings rates
The Federal Reserve began an aggressive campaign to curb inflation by raising rates just six weeks ago. Now, it’s putting those increases on steroids,
Biden’s $1.9T stimulus caused inflation, critics say. But others argue it saved the economy.
Some economists say Biden’s $1.9T American Rescue Plan was a big contributor to inflation. Others say the stimulus saved the economy.
Economy contracts for first time since 2020 in first quarter as GDP falls 1.4%
The economy contracted in the first quarter for first time since 2020. The trade deficit widened and business stockpiling fell.
Critics say corporate greed is making inflation worse, citing record profits despite rising costs
Critics say businesses use inflation as an excuse for price gouging, or raising prices by far more than required to cover higher costs.
Some Americans who retired early during COVID are returning. Can they solve the labor shortage?
Some people who retired early during the COVID-19 pandemic are returning to a hot labor market. Is it enough to help allay severe labor shortages?
After a string of 40-year highs, will inflation slow down? Some economists think so.
Inflation hit another 40-year high of 8.5% in March, but some economists believe the rise in the consumer price index has peaked. Others disagree.
Inflation rose at fastest pace in 40 years in March as consumer prices jumped 8.5%
The inflation rate hit 8.5% annually in March, a new 40-year high, on surging gasoline and food prices. Inflation likely has peaked, economists say.
South and West lead in recovery of jobs lost during COVID-19. See where your state ranks
The South and West regions lead in recovering jobs lost during the pandemic. Though some states may never return to prior levels.