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PBS NewsHour » Economy
2d ago
The U.S. Court of Appeals for the District of Columbia Circuit denied TikTok's petition to overturn the law -- which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January -- and rebuffed the company's challenge of the statute, which it argued had ran afoul of the First Amendment ..read more
PBS NewsHour » Economy
2d ago
The November employment report provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession ..read more
PBS NewsHour » Economy
4d ago
The Federal Reserve may cut interest rates later this month as officials weigh inflation and the broader economy. Inflation has been running above the Fed's targeted rate and other economic indicators have remained strong, leaving some worried progress on reining in prices has stalled. Geoff Bennett discussed more with Mary Daly, president and CEO of the Federal Reserve Bank of San Francisco ..read more
PBS NewsHour » Economy
4d ago
The U.S. economy continues to perform well by many measures. Retail spending was up notably around Black Friday, markets are at or near record levels and unemployment remains low. And yet, most Americans have long felt the economy is not doing well for them. Geoff Bennett discussed more with Bank of America CEO Brian Moynihan ..read more
PBS NewsHour » Economy
4d ago
There is a disconnect between seemingly solid economic numbers and the way people feel about this economy. Voters clearly were upset about the cost of living and that helped elect Donald Trump to a second term. Economics correspondent Paul Solman reports from Ohio on how Americans see this in the wake of the election ..read more
PBS NewsHour » Economy
5d ago
The increase suggests that job gains could pick up in the coming months, but the latest figure is down significantly from 8.7 million job postings a year ago ..read more
PBS NewsHour » Economy
5d ago
The judge on Monday also rejected an equally unprecedented and massive fee request by plaintiff attorneys ..read more
PBS NewsHour » Economy
6d ago
The world's fourth-largest carmaker's North American operations had been the company's main source of profits for some time, but struggles piled up this year -- with the company citing larger market changes and rising competition ..read more
PBS NewsHour » Economy
1w ago
The weekend after Thanksgiving is the traditional start of the holiday shopping season, beginning with Black Friday. Some retailers have been offering discounts throughout November in hopes of encouraging shoppers squeezed by inflation to open their wallets. We hear from people about their shopping plans this year, and John Yang speaks with retail analyst Dana Telsey for more ..read more
PBS NewsHour » Economy
1w ago
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates ..read more