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A hiring sign is placed at a booth for prospective employers during a job fair Wednesday, Sept. 22, 2021, in the West Hollywood section of Los Angeles. (AP Photo/Marcio Jose Sanchez, File)

U.S. hiring stayed strong in November as employers add 263,000

By Christopher Rugaber - Associated Press

Signs advertise deals and low prices at a Walmart in Secaucus, N.J., Tuesday, Nov. 22, 2022. On Tuesday the Conference Board reports on U.S. consumer confidence for November. (AP Photo/Seth Wenig, File)

An inflation gauge tracked by the Fed slows to still-high 6%

By Paul Wiseman - Associated Press

FILE - Traders work on the floor at the New York Stock Exchange as the Federal Reserve chairman Jerome Powell speaks after announcing a rate increase in New York on Nov. 2, 2022. The Federal Reserve is close to closing its most aggressive year of interest rate increases in at least three decades and Wall Street expects markets and the economy to feel the impact through 2023. (AP Photo/Seth Wenig, File)

Fed matches year of hot inflation with feverish rate hikes

By Damian J. Troise - Associated Press

Powell Not Stopping Inflation Illustration by Greg Groesch/The Washington Times

Fed’s Powell should say less and stay the course to quell inflation

By Peter Morici

In this Nov. 19, 2019, photo James Bullard, president of the St. Louis Federal Reserve Bank, gestures during an interview in Richmond, Va. The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, Bullard said Thursday, Nov. 17, 2022. (AP Photo/Steve Helber, File)

Fed official suggests substantial rate hikes may be needed

By Christopher Rugaber - Associated Press

Humpty Dumpty Powell and Inflation Illustration by Greg Groesch/The Washington Times

The new normal after Powell quells inflation won’t be pretty

By Peter Morici

Powell Not Stopping Inflation Illustration by Greg Groesch/The Washington Times

How to stop inflation

By Richard W. Rahn

Illustration on the Biden economy by Linas Garsys/The Washington Times

The heavy price of Biden overspending

By Editorial Board - The Washington Times

FILE - Construction workers fasten the frame of a new building, Monday, May 3, 2021, in Miami. The number of available jobs in the U.S. plummeted in August 2022 compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. (AP Photo/Marta Lavandier, File)

U.S. employers keep hiring at solid pace, adding 261,000 jobs

By Christopher Rugaber - Associated Press

Federal Reserve Chair Jerome Powell speaks at a news conference Wednesday, Sept. 21, 2022, at the Federal Reserve Board Building, in Washington. (AP Photo/Jacquelyn Martin) ** FILE **

Powell likely to be pressed on whether Fed will slow hikes

By Christopher Rugaber - Associated Press

A help wanted sign in a storefront, Tuesday, Nov. 1, 2022, in Bedford, N.Y. The Federal Reserve may reach a turning point this week as it announces what's expected to be another substantial three-quarter-point hike in its key interest rate. The Fed's hikes have already led to much costlier borrowing rates, ranging from mortgages to auto and business loans. (AP Photo/Julia Nikhinson)

Federal Reserve raises its key rate by a substantial three-quarters of a point for 4th straight time

Associated Press

An exit sign is shown at a McDonald's restaurant in Pittsburgh on Saturday, April 23, 2022. (AP Photo/Gene J. Puskar) **FILE**

A key U.S. inflation gauge stayed at a high 6.2% in September

By Christopher Rugaber - Associated Press

A "sold" sign is posted outside a single family home in a residential neighborhood, in Glenside, Pa., Wednesday, Aug. 4, 2021. Mortgage buyer Freddie Mac reported Thursday, Oct. 27, 2022, that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.(AP Photo/Matt Rourke, File)

U.S. mortgage rates top 7% for the first time in 2 decades

By Matt Ott and Alex Veiga - Associated Press

U.S. President Joe Biden speaks during a media conference at the end of a NATO summit in Madrid, Spain on Thursday, June 30, 2022. North Atlantic Treaty Organization heads of state met for the final day of a NATO summit in Madrid on Thursday. (AP Photo/Bernat Armangue)

Biden’s morning after the elections hangover will a be a headache for the Fed

By Peter Morici

Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking Committee hearing, March 3, 2022 on Capitol Hill in Washington. Sen. Warren is slamming Rep. Kevin McCarthy as a “liar and a traitor” over recordings that show the House Republican leader — despite his denials — placing responsibility on former President Donald Trump for the Jan. 6 insurrection and saying he should resign. McCarthy initially had denied a New York Times report last week that detailed his phone conversations with House Republican colleagues shortly after the riot that he thought Trump should resign. But in an audio first posted Thursday by The Times, McCarthy is heard making the comments he denied making. Asked Sunday, April 24, 2022 about her reaction, Warren calls that “outrageous." (Tom Williams, Pool via AP)

Appeals court ruling threatens to unravel Consumer Financial Protection Bureau

By Jeff Mordock and Alex Swoyer - The Washington Times