Wage hike would benefit for women in particular, Dems say
Report: Minimum Wage Hike Would Lift Earnings But Cost Jobs
A report from the nonpartisan Congressional Budget Office enters a polarizing political debate
5 Years After Stimulus, Obama Says It Worked
White House points to jobs saved and economic growth fostered in forthcoming report
New Poll Finds Americans Blame Washington For Manufacturing Woes
Trade group pushing trade protections and currency crackdown on China
Obama’s Three Challenges for January
Back in the capital, the President faces major battles in January, and beyond
Good Economic News Week Gives Obama White House Something To Cheer
After weeks of stumbles, the administration got several pieces of good economic news, suggesting 2014 may be better for the White House than 2013 has been.
What Happens if the U.S. Defaults? TIME Explains
TIME economics writer Rana Foroohar explains the economic impact of a U.S. default if a deal isn’t reached in Congress.
Empty Hotel Rooms and Canceled Shows: How the Shutdown Damages D.C.
From federal contractors to local actors, Washington-area residents are cutting back and trying to make the best of a bad situation
Robert Reich: My Date with Hillary Clinton
Robert Reich is best best known as Bill Clinton’s one-time labor secretary but before the economist joined Clinton’s cabinet he went on a date with a young Hillary Rodham. In this week’s 10 Questions, TIME’s Belinda Luscombe asks Reich about their movie date when the pair were undergrads at Dartmouth and Wellesley.
Reich also shares …
Poverty Rates Remain Stubbornly High Despite Economic Recovery
Over 46 million people were living in poverty in 2012, three years after the recession was declared over
Obama Talks TIME’s Wall Street Cover Story on ABC’s This Week
U.S. President Barack Obama told George Stephanopoulos on on ABC’s This Week on Sunday that while he believes “the banking system works,” America isn’t “near where we need to be” in terms of an economic recovery.
Watch: Obama’s Economy Speech in 3 Minutes
President Barack Obama spoke broadly of his economic agenda at Knox College on Wednesday.
Motor City Meltdown: Long Road Ahead for Detroit’s Record Bankruptcy
After decades of decline, the city of Detroit, once the cradle of the U.S. auto industry and middle-class urban prosperity, filed for bankruptcy on Thursday.