Still, the job market is gradually decelerating along the lines that Fed officials have wanted to see. The Fed has raised its key short-term rate from near zero to about 5.4%, a 22-year peak, leading to higher borrowing rates for consumers and businesses and lower inflation. Despite that headwind, the economy and the job market […]
The companies had become too accustomed to making offers at the last minute, he said. Fain previewed the new tactic on Wednesday when nearly 9,000 workers unexpectedly walked off the job at a key Ford plant in Kentucky. That move, combined with Fain’s even sharper rhetoric, underscores the risk that the economic effects of the […]
Once upon a time, Judis and Teixeira’s The Emerging Democratic Majority was hailed for having foreseen the rising minority and college-grad demographic combo that powered Barack Obama’s wins. But the political realignment that Democratic Beltway insiders simplistically took as a matter of faith never happened. And now the pair are back with a book grappling […]