New FTC Ruling May Kick Restrictive Contracts to the Curb
The FTC wants to eliminate noncompete agreements in the U.S. to make labor markets more competitive, but will likely face strong pushback from the U.S. Chamber of Commerce, a leading lobbying group.
2022 TV Recap: It’s the NFL’s World; the Rest of Us Just Live in It
Post-tweedy academic types and the Terminally Online insist that the Internet has killed off the American impulse to engage in a collective media experience. However, this interpretation only holds…
St. Louis Fed’s Bullard Presents The Prospects for Disinflation in 2023
Federal Reserve Bank of St. Louis President James Bullard presented 'The Prospects for Disinflation in 2023' at an event hosted by CFA Society St. Louis.
Millions of workers are subject to noncompete agreements. They could soon be banned
The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.
Cooler hiring and milder pay gains could aid inflation fight
WASHINGTON (AP) — America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring .
Old Mission farmers worried after winery lawsuit prompts new rules
Peninsula Township created a new ordinance after facing a lawsuit from 11 wineries. But farmers say it could negatively impact them, devaluing their property as farmland.
2022 Employer Health Benefits Survey - Section 12: Health Screening and Health Promotion and Wellness Programs
Most firms offer some form of wellness program to help workers and family members identify health issues and manage chronic conditions. Some employers believe that improving the health of their wor…
Have Lags in Monetary Policy Transmission Shortened?
The Federal Open Market Committee’s monetary policy has expanded beyond changing the federal funds rate to include forward guidance and balance sheet policy. Using these tools may shorten lags in monetary policy transmitting to inflation. Using a proxy funds rate that incorporates tightening from these additional policy tools, we find evidence of a shorter lag in policy transmission to inflation since 2009, though with high associated uncertainty.
These 7 charts show how life got pricier (and, yes, cheaper!) in 2022
Boy, have we talked a lot about inflation. It affected every part of our lives (and the economy) in 2022. Here are some of its highest highs and lowest lows. (It wasn't all bad news!)
Geno Smith, NFL players have millions in bonuses on the line in the last two weeks
Smith could cash in on a significant incentive if the Seahawks reach the playoffs, which is a long shot, but Smith has achieved the unexpected this season.
Are State Economic Conditions a Harbinger of a National Recession?
An analysis of state-level economic growth suggests that a certain number of contracting state economies could signal the start of a national recession.
Are State Economic Conditions a Harbinger of a National Recession?
An analysis of state-level economic growth suggests that a certain number of contracting state economies could signal the start of a national recession.
Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2022 | U.S. Bureau of Economic Analysis (BEA)
Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The increase in the third quarter primarily reflected increases in exports and consumer spending that were partly offset by a decrease in housing investment.