Economy

Voting to raise the debt ceiling has caused partisan showdowns in recent decades. Pelosi may have just opened the door to ending that "tradition."

The GOP wants to force Democrats to raise the debt ceiling alone, but there's no guarantee Democrats can pull it off. The stakes are economic chaos.

The White House found that billionaires paid on average just 8% in income tax - much less than the average American's tax rate of 14%.

The Public Service Loan Forgiveness program promised student debt relief to public servants, but "this promise has been broken," advocates said.

The Center for American Progress looked at just how much families in every state and DC would save on childcare costs under the spending plan.

Continuing claims, which track Americans receiving unemployment benefits, jumped to 2.85 million for the week that ended September 11.

The school district, in the Mojave Desert, hopes the flyers will get to parents and help it fill more than 200 job openings.

One-third of the hiring managers surveyed said they automatically eliminate resumes that don't include vaccination status, according to Resume Builder.

Nobody should assume the Federal Reserve can help if Congress fails to lift the debt limit ahead of a mid-October deadline, Powell said.

McConnell started a logjam in Congress. Now he's lecturing Democrats about fixing it, as the US barrels towards a potential default within weeks.

Millions of Americans aren't returning to work, JPMorgan found. Some are worried about childcare, others expect more out of a job than they used to.

"Even a short-lived default could threaten economic growth," the group wrote in a letter. McConnell isn't budging on his refusal to help Democrats.

The Fed's emergency asset purchases have lifted markets and supported the recovery since early 2020. They could start shrinking later in the fall.

Restaurants are desperate to hire, so some are revisiting the federal minimum for tipped workers of $2.13 an hour.

Public servants like government and nonprofit workers bank on this debt forgiveness program, but thousands of teachers found out they don't qualify.

Since the Fed polices Wall Street banks, it needs to "lead by example" and fire the officials who traded on the job, one group said.

Two recessions before the age of 40, student debt, and soaring cost of living kept millennials from building wealth, even though they're getting paid.

The Delta wave has kept the labor shortage going into the fall. There are three unresolved "mismatches" between what workers and companies want.

Monty Rakusen/Getty Images.

• Some jobs typically need an associate's degree, such as respiratory therapists.
• That occupation make

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The number of new homes waiting to be built hit a record last month, as shortages further complicate the housing crisis.

Treasury Secs. Steve Mnuchin and Henry Paulson warned McConnell of the consequences of not raising the debt ceiling as the US approaches default.

The passage of the bill does little to resolve the standoff between Democrats and Republicans as the US veers into a potential government shutdown.