As labor secretary, Frances Perkins helped President Franklin D. Roosevelt formulate policies behind the 1930s New Deal and create safeguards in the national economy following the Great Depression.
Ferguson will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars' worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior.
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 ...
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.
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 ...
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 . ...
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 ...
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.