Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Justices Kagan, Barrett to Testify Before Congress on Supreme Court Budget
The two justices will appear before the House Appropriations Subcommittee on July 14, marking a notable instance of direct judicial testimony on funding matters.
America Is Already Locking Up Toothpaste, and the Mass Layoffs Have Barely Started
Economists and policymakers debate how automation will reshape blue-collar employment as technology accelerates
Federal Crime Task Force in Memphis Surpasses 10,000 Arrests in Nine Months
The Memphis Safe Task Force has made approximately 10,600 arrests since deployment, including the rescue of a 14-year-old girl from an alleged trafficking situation last week.
Ankara Markets Drones, Air Defense to States Looking to Reduce Reliance on U.S. Weapons
Turkey hosts largest defense industry forum in NATO history as allies seek alternatives to American-made weaponry.
Dallas Fed Working Paper Examines Immigration Surge and Housing Costs
The research estimates that approximately 7 million unauthorized arrivals from 2021 to 2024 affected local labor markets while pushing home prices up significantly.
NYC Budget Allocates $7 Million for Trans Equity Programs as Veterans Services Face $1 Million Cut
The city's $126 billion spending plan includes $40,000 for Drag Story Hour programs while the Department of Veterans' Services budget drops more than 13 percent.
Nasdaq Falls After June Hiring Report Misses Expectations
Technology stocks led declines as investors weighed signs of slowing labor market growth against broader economic data.
Federal Judge Blocks Virginia Law Prohibiting ICE Agents From Wearing Masks on the Job
Judge Robert Payne ruled the state's attempt to restrict federal immigration officers violates the Constitution's Supremacy Clause, siding with the Trump administration in a pre-enforcement challenge.
Corning Partners With NVIDIA to Create 3,000 Jobs as AI Infrastructure Demand Surges
Corning's partnership with NVIDIA to build three advanced optical manufacturing facilities is expected to create more than 3,000 jobs across North Carolina and Texas.
America's Favorite Beers and the Jobs Tied to Them Are at the Center of a Brewing Trade Fight
A new economic report argues that tariffs on Mexican beer would backfire by hurting U.S. distribution, retail and hospitality workers.