ECONOMY

House Speaker Nancy Pelosi, D-Calif., says the America COMPETES Act meets the challenges of the 21st century.

The House passed a bill aimed at boosting U.S. competitiveness with China

7:02pm February 04, 2022

The bill includes a number of provisions, such as $52 billion for chip manufacturing, $45 billion to improve supply chains for critical items, and $160 billion for scientific research and innovation.

A man wearing a face mask walks past a "Now Hiring" sign in front of a store on Jan. 13, in Arlington, Va. The labor market is showing resilience despite a recent spike in omicron-related coronavirus infections.

In a big surprise, the job market surged in January even as omicron cases spiked

3:56pm February 04, 2022

by Scott Horsley

U.S. employers added 467,000 jobs last month despite a surge of coronavirus infections. The unemployment rose to 4% from 3.9% in December.

Jess Kutch: Can unions address the changing needs of workers today?

8:51am February 04, 2022

From unionizing to striking to quitting, employees are taking power into their own hands. Labor organizer Jess Kutch explores the effectiveness of collective bargaining to affect change.

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Irma Olguin: Why We Should Bring Tech Economies to Underdog Cities

8:51am February 04, 2022

Irma Olguin wants to bring the tech industry to cities like her hometown, Fresno. She believes building a support system for tech workers will strengthen communities and revitalize undervalued cities.

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Economy

Kevin Roose: How can we stay relevant in an increasingly automated workforce?

8:51am February 04, 2022

Tech reporter Kevin Roose doesn't want you to be scared of your job becoming automated. He says that rather than competing with machines, we should work to develop our fundamentally human skills.

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Revolving door: Why are nurses leaving their jobs and then coming right back?

6:25am February 04, 2022

by Justin Hicks

Nursing home workers, tired of low pay and long hours, are quitting then working with staffing agencies to return to work with more pay. Some nursing homes say that could put them out of business.

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Economy

How sick did the omicron variant make the job market?

5:21am February 04, 2022

Friday's jobs report is expected to show the fallout from the omicron wave of coronavirus infections, which reached its peak last month. Analysts expect stronger job gains in the months to come.

Flared natural gas is burned off at a natural gas plant. Methane, the main ingredient in natural gas, can leak from natural gas plants and pipelines.

A satellite finds massive methane leaks from gas pipelines

6:05pm February 03, 2022

by Dan Charles

A satellite has detected massive leaks of methane, a powerful greenhouse gas, from natural gas plants and pipelines. Most of these releases are deliberate, resulting from sloppy pipeline repairs.

Fed nominees face questions about inflation and climate change

5:44pm February 03, 2022

by Scott Horsley

The Senate Banking Committee held confirmation hearings for three of President Biden's Federal Reserve Board nominees. The nominees were quizzed on their approach to inflation and climate change.

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Will rising wages push inflation even higher?

4:50pm January 28, 2022

by Scott Horsley

Labor costs rose at their fastest pace in more than two decades last year. That growth eased a bit in the final months of 2021, which could give the Federal Reserve's inflation watchdogs some relief.

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