A mobile billboard with an image of Jeff Bezos calls for higher taxes on the ultrawealthy, in Washington, May 17, 2021. Drew Angerer | Getty Images In 2026, earnings up to $184,500 are subject to Social Security payroll taxes. As of Monday, individuals with $1 million in annual wage and salary earnings have stopped paying…
A driver refuels a vehicle at a Wawa gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Matthew Hatcher | Bloomberg | Getty Images With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation…
The Labor Department reported on Friday that 92,000 jobs were lost in February, as the unemployment rate rose to 4.4%. The unemployment rate for women held steady at 4.1% for the first two months of the year, according to the latest data from the Bureau of Labor Statistics. Still, the sharp rise in the number of…
A woman travelling hands her travel documents to a TSA officer at Los Angeles International Airport on May 7, 2025. Frederic J. Brown | AFP | Getty Images Travelers struggled with hours-long security lines at some airports as officials warned of Transportation Security Administration staffing shortages amid the partial government shutdown. Houston’s William P. Hobby Airport told…
James Vandall, 25, said his interest in becoming an electrician first sparked, so to say, when workers were recently redoing the wiring on the third floor of his home. “I asked them how I could go about getting into that trade,” he said. Part of the appeal, he said, was working with his hands. “Initially,…
Investors will have a lot on their plate in the week ahead. Earnings season is set to wrap up, and several key economic updates are headed our way — all against the backdrop of the ongoing war in Iran. Another volatile week may be in store. 1. The U.S.-Iran war is the most important thing…
San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined with inflation still running above the central bank’s 2% target complicate future decisions. “This…
A difficult jobs report comes at a tough time for the White House. Gas prices are rising due to the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s. Data released Friday showing a loss of 92,000 jobs in February will put pressure on the…
The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024. Jaque Silva | Nurphoto | Getty Images The artificial intelligence craze faces a significant gender gap, with more men showing enthusiasm about the technology,…
The U.S. economy lost jobs in February, a month marred by severe winter weather and a strike at a major health care provider, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls fell by 92,000 for the month, compared to the estimate for 50,000 and below the downwardly revised January total of 126,000. At the…
