Tag: economy
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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.
EXPLAINER: What’s a ‘wealth tax’ and how would it work?
To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is: billionaires. Biden never endorsed an outright “wealth tax” when campaigning last year. But his more conventional proposed rate hikes on the income of large corporations and the wealthiest Americans have hit a roadblock.
Fed’s Powell downplays delta variant’s threat to the economy
The spread of the COVID-19 delta variant is raising infections, leading some companies and governments to require vaccinations and raising concerns about the U.S. economic recovery.
Everything to know about California’s June 15 reopening, from capacity limits to the mask mandate
On June 15, California plans to "fully reopen" its economy. What exactly does that mean? We break down everything you need to know.
