Economy

Biden Expected to Pick Janet Yellen, Former Fed Chair, as Treasury Secretary

Biden Expected to Pick Janet Yellen, Former Fed Chair, as Treasury Secretary

Join Hafta-Ichi to Research the article “Biden Expected to Pick Janet Yellen, Former Fed Chair, as Treasury Secretary” WASHINGTON — President-elect Joseph R. Biden Jr. is expected to nominate Janet L. Yellen, the first woman to lead to the Federal Reserve, as Treasury secretary, according to people familiar with the decision. The nomination will place …

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Snapshots of Daily Life in a Remote Region of Portugal

Snapshots of Daily Life in a Remote Region of Portugal

Join Hafta-Ichi to Research the article “Snapshots of Daily Life in a Remote Region of Portugal” At the onset of the coronavirus pandemic, with travel restrictions in place worldwide, we launched a new series — The World Through a Lens — in which photojournalists help transport you, virtually, to some of our planet’s most beautiful …

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Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.

Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.

Join Hafta-Ichi to Research the article “Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.” WASHINGTON — Treasury Secretary Steven Mnuchin broke sharply with the Federal Reserve this week, choosing to end a variety of programs aimed at helping markets, businesses and municipalities weather the pandemic and asking the central bank to return …

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Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession

Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession

Join Hafta-Ichi to Research the article “Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession” WASHINGTON — Advisers to President-elect Joseph R. Biden Jr. are planning for the increasing likelihood that the United States economy is headed for a “double-dip” recession early next year. They are pushing for Democratic leaders in Congress to reach …

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Economic Policy Has Become a Partisan Game. That Could Do Long-Term Harm.

Economic Policy Has Become a Partisan Game. That Could Do Long-Term Harm.

Join Hafta-Ichi to Research the article “Economic Policy Has Become a Partisan Game. That Could Do Long-Term Harm.” It created the appearance that she was a partisan actor who, rather than apply a consistent philosophy to try to make the American economy as healthy as it can be, would pivot on a dime to try …

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Unemployment Claims Rise as Economic Worries Grow

Unemployment Claims Rise as Economic Worries Grow

Join Hafta-Ichi to Research the article “Unemployment Claims Rise as Economic Worries Grow” The job market is showing signs of weakening again, as more Americans file for unemployment benefits amid a sharp rise in coronavirus cases and new restrictions on business aimed at curbing the outbreak. Initial claims for state employment insurance jumped by more …

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Mnuchin to End Some Fed Emergency Programs, Limiting Biden

Mnuchin to End Some Fed Emergency Programs, Limiting Biden

Join Hafta-Ichi to Research the article “Mnuchin to End Some Fed Emergency Programs, Limiting Biden” WASHINGTON — Treasury Secretary Steven Mnuchin said he does not plan to extend several key emergency lending programs beyond the end of the year, a decision that could hinder President-elect Joseph R. Biden Jr.’s ability to use the Federal Reserve’s …

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Virus Cases Rise but Hazard Pay for Retail Workers Doesn’t

Virus Cases Rise but Hazard Pay for Retail Workers Doesn’t

Join Hafta-Ichi to Research the article “Virus Cases Rise but Hazard Pay for Retail Workers Doesn’t” With coronavirus cases rising across the country, retailers are preparing for another rush from shoppers worried about new lockdowns and pandemic shortages. But many retail workers, heralded as heroes during the first wave of the pandemic, are not being …

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What About Tackling the Causes of Student Debt?

What About Tackling the Causes of Student Debt?

Join Hafta-Ichi to Research the article “What About Tackling the Causes of Student Debt?” Joe Biden recently expressed support for legislation that would forgive the first $10,000 of anyone’s student loan debt. But with Democratic control of the Senate in doubt, the odds of major legislation are uncertain. That’s why some are now pushing the …

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Judy Shelton, Trump Fed Nominee, Fails to Advance to Final Vote

Judy Shelton, Trump Fed Nominee, Fails to Advance to Final Vote

Join Hafta-Ichi to Research the article “Judy Shelton, Trump Fed Nominee, Fails to Advance to Final Vote” WASHINGTON — Judy Shelton’s nomination to fill one of two remaining open seats on the Federal Reserve’s Board of Governors failed to advance to a final vote on Tuesday, a significant setback but one that does not kill …

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