US hiring slowed in March – but the jobs market remains historically tight in a trend that could put pressure on the embattled Federal Reserve to proceed with another interest rate hike. Nonfarm payrolls increased by 236,000 last month, according to the Labor Department’s closely-watched March jobs report released Friday….
New Yorkers are giving Gov. Kathy Hochul even lower marks when it comes to confronting the rising cost of living in the Empire State than the below water rating they gave her on fighting crime, a new poll reveals. “Crime and cost of living were voters’ top two priorities for…
WASHINGTON — President Biden celebrated a slight decline in the rate of annual inflation to 7.1% Tuesday — while warning a return to normal rates of around 2% was “going to take time” and that there may be “setbacks along the way.” Biden spoke after new data showed annual price…
Don’t look for plastic partitions or faraway benches when visiting Santa Claus this year. The jolly old elf is back, pre-pandemic style, and he’s got some pressing issues on his mind. Santa booker HireSanta.com has logged a 30% increase in demand this Christmas season over last year, after losing about 15% of…
Retailers are poised to push smaller and less expensive toys this holiday season — a bid to tempt skittish shoppers as inflation hikes prices for everything from gas to groceries. MGA Entertainment, maker of LOL Surprise and Bratz dolls, is launching more than 200 new toys that are priced at…
Border watch: Biden Is Worsening ‘Root Causes’ “Critics with regional expertise say Biden administration policies . . . have severely worsened” poverty, crime and political instability in Mexico and the Southern Triangle — his administration’s alleged “root causes” of immigration, reports RealClearInvestigations’ James Varney. How? “The torrent of people moving…
A new poll finds that Democrats’ lead over Republicans in a generic congressional ballot has dropped threefold since August in yet another sign of the GOP’s momentum advantage with less than a week to go until Election Day. The Yahoo News/YouGov survey has captured the downward spiral of the Democratic…
Conservative: Va. History Repeating in NY? Virginia Gov. Terry McAuliffe likely lost the 2021 election with his debate declaration, “I don’t think parents should be telling schools what they should teach.” Now, argues the Washington Examiner’s Hugo Gurdon, Gov. “Hochul may have just gifted deep blue New York to her…
A substantial plunge in US home prices is likely “just beginning” as decades-high mortgage rates cause a downturn in the housing market, a prominent economist cautioned Friday. The warning from Pantheon Macroeconomics chief economist Ian Shepherdson followed more dismal data that showed a slowdown in housing activity. Pending home sales…
A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…
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