economic news

Job growth accelerates, but Americans still think the economy is bad

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If a healthy employment environment is the cornerstone of a healthy economy, then why do so many people still think the situation is terrible? The answer is inflation, which, although its annual rate is falling, remains far higher than most people can bear. “Sometimes aggregate economic statistics don’t reflect what people experience on a daily … Read more

UAW, Mack Trucks workers to vote on deal

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UAW members are preparing to vote on a labor agreement with Volvo Group-owned Mack Trucks. These workers hope they can get benefits similar to those their colleagues expect from Detroit automakers. But Mack Trucks — which is offering 19 percent pay raises, ratification bonuses, increased corporate 401(k) payments and other perks — isn’t in the … Read more