Gender pay gap in US hasn’t changed much in two decades, report finds

New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.

Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

2 failed banks, February inflation remaining high put Fed in tough spot

The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.

Silicon Valley Bank seized by regulators

Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.

Powell signals increased interest rate hikes if economy stays strong

Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.

Housing affordability is at the lowest level in over a decade

Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans. 

'Real leader': Biden nominates Julie Su as next US labor secretary

Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.

Plunging natural gas prices eases inflation concerns

Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.

White House says GOP plans would add $3 trillion to national debt

The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.

Report: Boeing to cut 2,000 finance and HR jobs in 2023

A statement by the Virginia company says the jobs will be reduced “through a combination of attrition and layoffs” this year.

How the latest Fed interest rate hike could impact you

The rate increase will likely make it even costlier to borrow for homes, autos and other purchases.