Tag: economy
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Renew California’s commitment to its innovation economy
As California contemplates how to create more and better high-paying jobs, our dominance in high-technology industries provides a unique set of tools to provide residents with economic opportunity. But the Golden State risks squandering its advantages without new approaches to developing and retaining innovative talent, particularly as high-tech industries are drawn to incentives in other locations.
Powell says COVID variant clouds inflation, economic outlook
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation.
Americans are spending but inflation casts pall over economy
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
Biden aims to do what presidents often can’t: Beat inflation
LBJ tried jawboning. Richard Nixon issued a presidential edict. The Ford administration printed buttons exhorting Americans to “Whip Inflation Now.’’
Exacerbated by pandemic, child care crisis hampers economy
After Bryan Kang’s son was born in July, the occupational therapist and his wife, a teacher, started looking for child care in the Los Angeles area. The couple called eight day care centers: Some didn't have spots for months; others stopped taking their calls and some never answered at all.
