Page 6 - Constance Hunter News Today

POLITICO Biden’s back door to wage hikes Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth. In this Friday, Jan. 8, 2021 file photo, A man walks out of a Marcs Store in Mayfield Heights, Ohio. | Tony Dejak/AP Photo Link Copied President Joe Biden’s pledge to offer American workers a path to higher income and more jobs is getting a boost from an unlikely source: the country’s struggle to fully emerge from the pande...

The White House projects the unemployment rate to continue falling but inflation to remain under control despite recent nervousness.

The White House projects the unemployment rate to continue falling but inflation to remain under control despite recent nervousness.

WASHINGTON — The U.S. economy added just 266,000 jobs in April, a disappointing month of growth that fell well below economists’ estimates despite falling caseloads and increased vaccine distribution around the country. The April unemployment rate remained relatively unchanged at 6.1%, although economists caution the number is misleadingly low, given how many people have dropped out of the labor force in the last year. The news increased political pressure in Washington, amid concerns...

A roundup of upcoming business events in Hampton Roads.

. WASHINGTON — The U.S. economy grew 1.6% in the first three months of the year because of rising coronavirus vaccinations and massive federal stimulus spending. It is on the verge of regaining all of its pandemic losses in coming months. The GDP report, released by the Bureau of Economic Analysis on Thursday, showed that consumers are spending more on things such as cars and homes. A record boost in household after-tax income suggests theres more consumer spending power waiting in the wing...

The U.S. recovery likely found its rhythm in the first three months of 2021, according to early forecasts of data to be released by the Bureau of Economic Analysis this morning. It appears likely all Covid-19-era losses will be recovered by the middle of this year.

April 18, 2021 | Tsunami Warning John Mauldin John Mauldin is a renowned financial expert, a New York Times best-selling author, and a pioneering online commentator. Each week, over 1 million readers turn to Mauldin for his penetrating view on Wall Street, global markets, and economic history. A tsunami is a wall of water that wipes out everything in its path, typically caused by earthquakes. But first, the water actually disappears from the usual shoreline, leaving land where there should be...

Lake Nona Collaborates with Microsoft Research for First Virtual Lake Nona Impact Forum Share Article Online Event Offers Complimentary Access to One of the World’s Most Exclusive Health Innovation Forums on Thursday, April 22, 2021 from 11 a.m. – 1:45 p.m. EST Lake Nona has collaborated with Microsoft Research to provide a virtual version of its annual Lake Nona Impact Forum for the first time “Everyone has an opportunity to hear thought-provoking conversations from the business leaders,...

Why big-spending Biden can shrug off GOP warnings of inflation If persistently rising inflation is coming to the U.S., history suggests it won’t happen until after Biden is out of office. President Joe Biden, accompanied by Treasury Secretary Janet Yellen, speaks as he gets his weekly economic briefing in the Oval Office on Friday. | Andrew Harnik/AP Photo Link Copied Republicans are warning that President Joe Biden is taking a risky gamble that he can carry out his massive spending plans wit...