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During a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell told proponents of S. 2155, which is expected to be considered next week, that it wouldn't lessen Fed oversight of those global banks. The bill would loosen some of the tougher Dodd-Frank requirements for banks with between $50 billion in assets and $250 billion in assets, a provision meant to provide relief to larger regional banks. (AP Photo/Jacquelyn Martin)
Economy

Jerome Powell suggests sustained 3.5 percent unemployment could be achievable

Joseph Lawler -
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A cyclist passes in front of Liebman's store on Main Street in New Rochelle, N.Y. The leaders of small and mid-size companies are increasingly optimistic about the state of the U.S. economy and their own abilities to increase sales, according to a new survey by JPMorgan Chase.
Business

Economic recovery reaches Main Street payrolls

James Langford -
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The commentary on the possibility of a worker shortage came in a special note in the Fed's semi-annual monetary policy report to Congress. Newly installed Chairman Jerome Powell is set to testify on the report next week. (AP Photo/Andrew Harnik, File)
Business

Fed: ‘Difficult to see’ evidence of a worker shortage

Joseph Lawler -
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Forecasters had expected new jobless claims to remain steady at an ultra-low 230,000. (AP Photo/Marcio Jose Sanchez)
Economy

Jobless claims plunge to 222,000, second-lowest mark in decades

Joseph Lawler -
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The problems are legion, beginning with the huge direct cost of traffic congestion in America's 200 or so urban areas — a whopping $160 billion per year just in wasted time and fuel.
Magazine

Broken highway system needs to be reconstructed

Washington Examiner Staff -
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Rising homelessness requires a new approach to fighting poverty
Op-Eds

Rising homelessness requires a new approach to fighting poverty

Chris Megison -
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In this Tuesday, Jan. 30, 2018, photo, women fill out job applications at a JobNewsUSA job fair in Miami Lakes, Fla. (AP Photo/Lynne Sladky)
Economy

Jobless claims are running at the lowest level in nearly 45 years

Joseph Lawler -
0
U.S. workers' wages and benefits grew 2.6 percent last year, the fastest 12-month pace since the spring of 2015. (AP Photo/Alan Diaz, File)
Economy

More people quit their jobs in December than anytime in 16 years

Joseph Lawler -
0
Sen. Jeff Flake, R-Ariz., took a jab at President Trump on Monday for saying that because Democratic lawmakers didn't applaud his State of the Union they were
News

Jeff Flake chides Trump for saying Dems who did not applaud during State of the Union were ‘un-American,’ ‘treasonous’

Diana Stancy Correll -
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President Trump speaks on tax policy during a visit to Sheffer Corporation in Blue Ash, Ohio. Trump recalled the silence from Democrats in Congress during the State of the Union when he praised low unemployment among African-Americans and Hispanics. (AP Photo/Evan Vucci)
News

Trump: Democrats ‘un-American,’ ‘treasonous’ for not applauding State of the Union speech

Steven Nelson -
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